Stoneway flip and soon to be sale

[Adrian Abshire]

Investment Info:

Single-family residence fix & flip investment in Madison.

Purchase price: $180,000
Cash invested: $40,000

House on a hill

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

Ugliest house in the nicest neighborhood

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

Estate sale

How did you finance this deal?

Traditional

How did you add value to the deal?

Sweat equity and money

What was the outcome?

Still working on it

Lessons learned? Challenges?

Inspectors are a waste of time and money!

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

Yes