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Updated about 6 years ago on . Most recent reply

User Stats

16
Posts
11
Votes
Mark Gray
  • Real Estate Agent
  • Mansfield, OH
11
Votes |
16
Posts

Second Sucessfull Flip

Mark Gray
  • Real Estate Agent
  • Mansfield, OH
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $26,000
Cash invested: $22,000
Sale price: $74,000

Not a home run, but learned a lot and still landed on tip
Remodel - Roof, Tree Removal, landscaping, Kitchen, Bathroom, Bedrooms, Basement, Floors. From head to toe.

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

The numbers worked!

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

Sheriff Sale, Cash Auction

How did you finance this deal?

Cash

How did you add value to the deal?

Remodeling from top to bottom

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

I'm an Agent

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