Philadelphia Row Home Remodel

[Dana Grant]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $260,000
Cash invested: $135,000
Sale price: $535,000

Gut remodel of existing single family to create an updated single family home. Added roof deck and finished basement.

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

We liked the market, the neighborhood.

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

Direct canvassing.

How did you finance this deal?

Cash.

How did you add value to the deal?

Remodeled with out own team of contractors.

What was the outcome?

Successful.

Lessons learned? Challenges?

Too longer. Covid presented challenges.

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

Not on this one.