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Updated almost 6 years ago, 01/14/2019

User Stats

1
Posts
0
Votes
Patty Clair
0
Votes |
1
Posts

Holly Rehab project was simple and fast.

Patty Clair
Posted

Investment Info:

Single-family residence fix & flip investment in Holly.

Cosmetic rehab.

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

Easy to flip.

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

For sale by owner sign in front of house. Owner needed to sell due to moving out of state.

How did you finance this deal?

Private money

How did you add value to the deal?

Paint and minor repairs.

What was the outcome?

Made $15,000

Lessons learned? Challenges?

Need more private money sources.
I also want to build infill modular homes in the Oakland County area.

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

No