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Updated about 6 years ago,
152 Cypress Street- Fix and Flip - mLuxury Condos
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $965,000
Cash invested: $899,000
We have a fix and flip. Currently, we are waiting on the permits. Hopefully start construction end of January, I will post photos once we are active.
What made you interested in investing in this type of deal?
Low Risk High Profit
How did you find this deal and how did you negotiate it?
Off market
How did you finance this deal?
Bank
How did you add value to the deal?
15% Net Profit Minimum
What was the outcome?
Pending
Lessons learned? Challenges?
Figure Out the layout faster
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes