Foreclosure fix and flips

[Bob Huggins]

Investment Info:

Single-family residence fix & flip investment in Tucson.

we flipped 8-9 homes 2006-2009. we lived in a couple fix and holds as well. These were completed well before i found the BP community. Looking forward to getting back to doing something similar in the near future. Had a couple eye surgeries and moved so i've been out of the game for a while but eager to get back into it with the help of the BP community.

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

Had some friends and family in the business.. Always enjoyed Home Improvements so it was a great fit.

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

Court House.. foreclosure sale

How did you finance this deal?

private hard money

How did you add value to the deal?

completely remodeled all the lipstick stuff both interior and exterior

What was the outcome?

all outcomes were positive except for the last one which was the largest.. market crashed and got holding a property we couldn't sell

Lessons learned? Challenges?

learned something new every deal.