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Updated almost 6 years ago,
East Stroudsburg Single family on Lake
Investment Info:
Single-family residence fix & flip investment in East Stroudsburg.
Purchase price: $50,000
Cash invested: $95,000
Sale price: $135,000
This property was done with my partners. My partners decided to keep the property as a rental and bought me out at the ARV value.
How did you find this deal and how did you negotiate it?
This deal was on the MLS for over a year. Price kept coming down every few months. Once it reached our target area we made an offer.
How did you finance this deal?
Cash
How did you add value to the deal?
We renovated the entire home, roof, siding, updated all interior.