Split Level Fix and Flip

[John Williams]

Investment Info:

Single-family residence fix & flip investment in Dallas.

Purchase price: $82,500
Cash invested: $56,000
Sale price: $184,900

Negotiated seller financing, absorbed a troubled tenant situation and managed tenant out within 60 days using my property management company. Rehab project began immediately upon move out and completed exactly two months later. Property was listed on the FMLS 12/4/18 and under contract on 01/07/19 for $184,900.