Fix & Flip Investment property

[Jaroslaw Karbowski]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $139,000
Cash invested: $22,000
Sale price: $219,500

3 Bedroom, 2 Bath, with an Oversize 2 Car Garage. Newly Remodeled. New Flooring, New Quartz Counter-tops-Sinks-Faucets (Kitchen and Bathrooms), New Tile in Bathrooms, New Ceiling Fans, New LED Lighting, New Natural Stone Fireplace Feature. New Screens and Blinds, Entirely New Paint Throughout along with New Stove and Microwave. Two Patio's, Large Laundry, Dining Area and Spacious Bedrooms, this 1575 sq/ft gem!

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

Purchase of multiple properties from one owner.

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

Network

How did you finance this deal?

Partnership/Cash

How did you add value to the deal?

Improving the quality standers of the final product.

What was the outcome?

Sold in 10 days

Lessons learned? Challenges?

When you purchasing properties from the other investors make sure that you stay on the top of your due diligence.

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

Sold by owner