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Updated almost 6 years ago,

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Daniel Bunting
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First flip on our own.

Daniel Bunting
Posted

Investment Info:

Single-family residence fix & flip investment in Vestavia.

Purchase price: $285,000
Cash invested: $45,000

Full upgrade remodel.
Adding full 8ft ceilings in basement an framing 1100sf in basement. Open concept. Every new

Expected completion date 5/15/19
Arv $629,000

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

Networking with realitor.
They received the listing, she called me before listing it. Seller didn't want to make any repairs.
Or have any inspections.

I negotiated a fair offer an bought before it hit the market.

How did you finance this deal?

Hardmoney

How did you add value to the deal?

Realitor who finds it, gets to relist it.

Offered seller everything he was wanting an made it easy for them.

What was the outcome?

It's being rehabbed currently

Lessons learned? Challenges?

Hard money is really hard to get.