little 3/2 flip in mcallen texas.

[Boone Tyson]

Investment Info:

Single-family residence fix & flip investment in Mcallen.

Purchase price: $87,500
Cash invested: $5,000
Sale price: $99,000

little 3/2. broke even. held it too long while we had another and ended up going out of country for a while

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

Looked like easy money

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

off market through another realtor

How did you finance this deal?

line of credit

How did you add value to the deal?

cosmetic touch ups

What was the outcome?

broke even

Lessons learned? Challenges?

held it too long and needed to offload in about 2 weeks.