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Updated almost 6 years ago,
First Real Estate Investment Purchase
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $65,000
Cash invested: $110,000
Sale price: $219,900
This was a 2 bed 1 bath on .6 acres. The house was turned into a 3 bed 2 bath with a master suite. We bought it from a contractor. We used the same contractor to fix the house. We had to trade painting house for new windows. Lots of experienced learned.