Our biggest flip so far in Lafayette, LA

[Stephen Hundley]

Investment Info:

Single-family residence fix & flip investment in Lafayette.

Purchase price: $160,000
Cash invested: $170,000
Sale price: $396,600

Total hit plus addition to master

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

Great neighborhood in the middle of town

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

MLS, we included a letter about us in the offer

How did you finance this deal?

Line of credit

How did you add value to the deal?

Adding on a master bath and hitting the home so it felt like new construction

What was the outcome?

Sold for above list price