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Updated about 6 years ago on .

Raj Patel's profile image
Raj Patel's profile image
Raj Patel
  • Rental Property Investor
  • from Northville, MI
  • Member since Oct 7, 2018
  • Posts 36
  • Votes 22
  • Experience 6 Yrs
  • Investments 4
Connect

User Stats

36
Posts
22
Votes
Raj Patel's profile image
Raj Patel's profile image
Raj Patel
  • Rental Property Investor
  • from Northville, MI
  • Member since Oct 7, 2018
  • Posts 36
  • Votes 22
  • Experience 6 Yrs
  • Investments 4
Connect
Raj Patel
  • Rental Property Investor
  • Northville, MI
22
Votes |
36
Posts
Real Estate Deal Analysis & Advice

Very First Real Estate Investment Property!

Raj Patel
  • Rental Property Investor
  • Northville, MI
Posted

Investment Info:

Single-family residence fix & flip investment in Southfield.

Purchase price: $55,000

Very First Real Estate Investment Property!

1800 sqft Colonial; 4 bed, 2 bath, built in 1925

Purchase price: 55K
Expected repair costs: 40K
Fina ARV: ~ 150K

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

Bigger Pockets!

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

MLS

How did you finance this deal?

Cash

  • Raj Patel
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