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Updated about 6 years ago on .

User Stats

24
Posts
4
Votes
Ryan Good
Pro Member
  • Richland, PA
4
Votes |
24
Posts

Flip house #2 Ephrata PA

Ryan Good
Pro Member
  • Richland, PA
Posted

Investment Info:

Single-family residence fix & flip investment in Ephrata.

Purchase price: $54,000
Cash invested: $30,000

Nice 3 bedroom house in a great part of town

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

The market is good in this area and we have a team that wants to do construction work

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

I found this deal from a wholesaler

How did you finance this deal?

Cash from Heloc

How did you add value to the deal?

Rehabbed everything, Changed the layout on the first floor big time

What was the outcome?

Its gonna be good

Lessons learned? Challenges?

Learning how to be more hands off on this one

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

Jeff Dieffenbach is a great realtor in the Lancaster PA area

  • Ryan Good