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Updated almost 6 years ago,
3903 Roland Ave 21211
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $24,000
Sale price: $255,000
1st Property flip.
How did you find this deal and how did you negotiate it?
A callback form a yellow letter. Was a probate property.
How did you finance this deal?
Hard money loan
How did you add value to the deal?
Negociated and oversaw project
What was the outcome?
Held way too long and should have hired a more efficient contractor. He took 2 months longer than promised to finish project.
Lessons learned? Challenges?
Hire the right resources stick to your budget.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
On this deal I worked with Trina Fernandez of Kelly Williams she was great but now I'm my own Agent