Fix & Flip Investment property

[Jaroslaw Karbowski]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $245,000
Cash invested: $40,000
Sale price: $374,000

2122 E Concorda Dr, Tempe, AZ is a single family home that contains 1,846 sq ft and was built in 1970. It contains 4 bedrooms and 2 bathrooms.

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

Hidden value

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

Wholesalers network

How did you finance this deal?

Partnership/cash

How did you add value to the deal?

We converted open carport to 2 car garage, redesigned the layout of both bathrooms, design and newly constructed open floor plan, implemented new trend and designs of the current market.

What was the outcome?

Property was sold in first day on the market.

Lessons learned? Challenges?

Give people what they want they will give you what you want.

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

Go Sold Realty http://www.gosoldrealty.com
Kevin Belzer - Top Agent
Nick Traveillian - CEO