Patience House to say the least

[John K.]

Investment Info:

Single-family residence fix & flip investment in Denison.

Purchase price: $100,000
Cash invested: $45,000
Sale price: $199,000

This property was nearly 8 months in the making. The property had 3 missed closing dates, due to family issues. The patience was tested time and time again, but well worth the wait.

Rest of photos are online at website.

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

Loved the area and the family was super easy to work with, despite the long delay in closing.

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

Marketing lead

How did you finance this deal?

Private Money

How did you add value to the deal?

Full Renovation.
Mostly cosmetic updates
Repaired Foundation and added foundation drain
Replaced Electrical Panel

What was the outcome?

On Market

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No