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Updated over 5 years ago,

User Stats

69
Posts
15
Votes
Alex Holt
  • Wholesaler and Investor
  • Cincinnati, OH
15
Votes |
69
Posts

Single family fix and flip in Cincinnati Ohio

Alex Holt
  • Wholesaler and Investor
  • Cincinnati, OH
Posted

Investment Info:

Single-family residence fix & flip investment in Cincinnati.

Purchase price: $50,500

Cash invested: $30,000

Sale price: $124,500

This was a fix and flip 3 bed 1 bath needed updating and fixed up went in put new bath new kitchen new flooring new doors and a lot more . Stayed on budget and on time .

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

I know the area and know the kind of house I’m dealing with

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

Family friend found this for me and yes I negotiate everything

How did you finance this deal?

Private money

How did you add value to the deal?

Found the deal manged the work and kept budget good and did some of the work

What was the outcome?

Outcome was great !!!

Lessons learned? Challenges?

Try and do more of the work with my guys to stay on time

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

Of course

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