A flip from last year

[Nicole Harrington]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $265,500
Cash invested: $62,387
Sale price: $430,000

The biggest challenge on this one was the smell from the animals kept in this home. Multi-treatment where necessary on the concrete slab, as well as in the master bathroom, which was a bird catch. Two codes of specialized paint for order control, not the regular Home Depot paint, were necessary. Cockroaches were on fun to get rid of either. They were everywhere!

What made you interested in investing in this type of deal?

It was close to home and I know the area well.

How did you find this deal and how did you negotiate it?

On the FMLS and I knew the listing agent

How did you finance this deal?

All Cash

How did you add value to the deal?

Experience on several different levels, for repair, and time line.

What was the outcome?

A wonderful new home that the buyer loves and appreciates

Lessons learned? Challenges?

Challenges have been mentioned above in the description

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes I am one myself