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Updated about 6 years ago on . Most recent reply

User Stats

10
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8
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Johnette Crawford
  • Birmingham, AL
8
Votes |
10
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Sold in Birmingham, Alabama first time flipper

Johnette Crawford
  • Birmingham, AL
Posted

Investment Info:

Single-family residence fix & flip investment in Birmingham.

Cash invested: $25,000
Sale price: $196,000

3 bedroom, 2.5 baths 2 car garage

Most Popular Reply

User Stats

10
Posts
8
Votes
Johnette Crawford
  • Birmingham, AL
8
Votes |
10
Posts
Johnette Crawford
  • Birmingham, AL
Replied

@Darrell Bratton this was my first flip and actually was my primary residence I paid 77,500 for it, I lived in it for 15 years,  I have always loved the real estate arena and looking around  and living in the Bush Hills community I said this would be a great time to sell it and start my own business and build the community up,  so I put about 25k into the home and listed it for $196,000 the appraiser came out saw the beauty of my this 1930 Tudor home and how well I had done with the reno and it sold in less then 1 week  this is a great community that just need great rehabbers like myself  and someone willing to do the foot work on finding  great deals that would bring great profits, there are plenty in the area I have found several already, I just need the funds to go in purchase  and rehab and make that mark in the Bush Hills Area selling my last flip I was told I would not get 80k for it because of the area and comps, but I proved them wrong I am very proud of myself that I was able to sell it and bring up the comps, what I am doing  not only betters myself, but give potential  homeowners something to be proud of for many years to come 

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