Revenswood / North Center Condo

[Draper Shankle]

Investment Info:

Single-family residence fix & flip investment in Chicago.

Purchase price: $265,000
Cash invested: $15,000
Sale price: $330,000

Ravenswood / North Center Condo.

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

Location. At the time it was one of the few in the area under $300k. Purchase timing was key here.

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

MLS.

How did you finance this deal?

Traditional.

How did you add value to the deal?

Cosmetic.

What was the outcome?

Sold. Made a nice return.