Single family residential flip

[Debbie Butterfield]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $38,000
Cash invested: $20,000
Sale price: $85,000

3b, 1.5 Bath single family on .73 acres. Cute home!

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

Advantages to younger people starting out to have turn key home.
Networking, money to be made. 🤷‍♀️

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

Realtor. Expert negotiator!!

How did you finance this deal?

N/A

How did you add value to the deal?

Added 1/2 bath, updated home. New elec, heat pump, plumbing, flooring, paint etc.

What was the outcome?

SOLD!

Lessons learned? Challenges?

I need a more reliable crew! 😔

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

Yes! Debra Sue Comer, realtor & expert negotiator!!