My hardest most challenging flip yet

[Brad F.]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $130,000
Cash invested: $72,000
Sale price: $299,000

The actual home and design was fairly easy. However being in a new market was taken advantage of by the local contractors. I had to switch contractors mid project, which didn't actually help. We went over budget by $33,000 by having to pay 2 separate companies twice. Even with my experience, I couldn't have foreseen the deception ahead of time. Lesson Learned!