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Updated almost 6 years ago on .

User Stats

28
Posts
5
Votes
Marques Jackson
  • Flipper/Rehabber
  • VA
5
Votes |
28
Posts

4802 Jan rd fix and flip

Marques Jackson
  • Flipper/Rehabber
  • VA
Posted

Investment Info:

Single-family residence fix & flip investment in Henrico.

Purchase price: $107,000

Cash invested: $16,000

Flip of a Single Family Home

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

Cash

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

MLS, my realtor

How did you finance this deal?

Finance of America Fix and Flip Loan

How did you add value to the deal?

Lots of renovations on the inside and out

What was the outcome?

List on 4/1

Lessons learned? Challenges?

Lessons learned:
Be more aggressive on price
Clearer instructions to contractor

Challenges:
Weather

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

yes