Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 3 months ago, 09/24/2024
From active auction date to newly renovated gem
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $120,000
Cash invested: $25,000
Our latest Flip, this was a pre- foreclosure lead.
How did you find this deal and how did you negotiate it?
Cold calling
How did you finance this deal?
Purchased creatively ( sub too) Rehab (Credit card zero interest)
What was the outcome?
As we flipped this ourselves from the roof to the flooring, we gained much respect to labor workers and realized even the tidiest things such as changing the outlet covers and installing new plumbing will take up a lot of time! This was a great learning curve and will humbly do it all over again.