First Live-In Flip 811 Cedar St

[Shiloh Cunningham]

Investment Info:

Single-family residence fix & flip investment in Muscatine.

I purchased this house as a live-in flip, planning to live in it for 2 years for the tax benefits. Currently, I am wrapping up renovations and hope to list by the end of March 2019.

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

I became interested after seeing my parents flip a couple houses.

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

I found this deal on the MLS. I made an offer below asking price, the seller countered, I rejected the counter offer. A few days later, the realtor called and asked if I would make another offer, so I told them the only offer I would do is my original. The seller agreed!

How did you finance this deal?

Traditional home loan

How did you add value to the deal?

The house just really needed a facelift for the most part. I did almost all the work myself, which saved a lot of money.