Home flipping track record

[Chris Loeffler]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $150,000
Cash invested: $150,000
Sale price: $187,500

Flipped approximately 550 homes over this time period with an average spread of approximately 25%

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

I saw the opportunity following the 2008 foreclosure crisis.

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

Direct buyer at trustee sale auctions in Phoenix, AZ

How did you finance this deal?

Investors and hard money

How did you add value to the deal?

Light renovations

What was the outcome?

Net margins of approximately 25% over the course of all projects