My First Deal is Underway

[Charles Brown]

Investment Info:

Single-family residence fix & flip investment in Baltimore.

This will be my first investment and flip...just started my business 6 months ago. It's an end of group townhouse in a good neighborhood. Plans are to add a third BR and a second bathroom in the basement.

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

The location, type/size of the property and of course the numbers. I had been wholesaling but kept open options for a flip if it wasn't one that would be too large, complex or timely for my level of experience.

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

Public auction group.

How did you finance this deal?

Cash to purchase. Considering private investors or hard money to complete rehab if necessary.