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Updated almost 6 years ago,

User Stats

35
Posts
11
Votes
Rudy Munoz
  • Real Estate Agent
  • El Paso, TX
11
Votes |
35
Posts

Liberty Sell (God Bless America)

Rudy Munoz
  • Real Estate Agent
  • El Paso, TX
Posted

Investment Info:

Single-family residence fix & flip investment in El Paso.

Purchase price: $50,000

Sale price: $65,000

Purchased my first home cash, from a family member and sold it without making any repairs!

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

The timing was perfect, fell into my lap, and my hardwork/learning paid off.

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

I'm a licensed agent and gained a lead from my sphere which was not to hard. Did some digging and research and realized what was at stake.

How did you finance this deal?

Cash

How did you add value to the deal?

Put money in my families pockets, moved a deal to a solid cash investor, made no repairs and the home was needing about 15,000 in repairs.