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Updated almost 6 years ago,
First solo rehab underway!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $140,000
Cash invested: $8,500
Dated Cape style home, should be a quick 4 week cosmetic rehab. Found through driving for dollars, mailed a letter and got lucky!
What made you interested in investing in this type of deal?
Great demand in the area, the sale and rental markets are very hot. Also, thought about keeping it for my personal residence so there are multiple exits!
How did you find this deal and how did you negotiate it?
Driving for dollars!
How did you finance this deal?
Local hard money lender
How did you add value to the deal?
Complete cosmetic rehab
What was the outcome?
Still renovating.