Las Vegas Nv, Live-in Flip

[Beth Corso]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $117,000
Cash invested: $25,000
Sale price: $285,000

Live-in flip. Full remodel (25,000).
Purchased as short sale.

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

I love to remodel and do the majority of the work myself.

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

I purchased as a short sale and lived in the house through the short sale process.
I lived on the property for 5 years as I remodeled.

How did you finance this deal?

FHA

How did you add value to the deal?

25,000
New flooring throughout, french doors, painted kitchen cabinets, quartz countertop, built backyard patio covering and slab, landscaped front and backyard.