Townhouse Gut and Sell

[Evan Grant]

Investment Info:

Townhouse fix & flip investment.

Purchase price: $260,000
Cash invested: $120,000
Sale price: $535,000

Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior

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

Timing, interesting neighborhood

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

Broker

How did you add value to the deal?

Complete gut remodel

What was the outcome?

Lucrative

Lessons learned? Challenges?

Would have done better if not slowed down by COVID in 2020

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

PM me.