Fix & Flip # 4 900 S kickapoo St. Lincoln, Il

[Kyle Fitzpatrick]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $17,500
Cash invested: $17,500

Foreclosed home with about 1,100 sq ft and originally 3 Bed 1 Bath. I plan on opening the layout and adding a master bath as well. The property has an oversized detached 2 car garage that has heating access. Photos to come.

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

I found this deal through Realtor.com. Listing price was $12,900 and initially bid the full price but got into a bidding war and decided to pay enough to ensure the deal would go through, what it was worth for me or my "HomeRun Number".

How did you finance this deal?

Cash for property and credit cards for Rehabs.

How did you add value to the deal?

Completely gutted the property, opened the concept, added a full masterbath and everything brand new/ up to date on the interior with modern design.