Single Family Fix n Flip

[Stacy Davis]

Investment Info:

Single-family residence fix & flip investment in Beavercreek.

Purchase price: $296,000
Cash invested: $20,000
Sale price: $395,000

Lived in the property while fixing, rented it for a year, sold it myself, saving $21k in fees.

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

I love remodeling w/out a contractor.

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

Bought a home for our family desiring to make profit.

How did you finance this deal?

FHA loan

How did you add value to the deal?

Used my skills of home improvement savings a lot of money in labor.

What was the outcome?

Sold for $78k profit

Lessons learned? Challenges?

Don’t be so scared! Most anything can be fixed if you mess up.