Fix & Flip Investment with great ARV

[Kristine McCreary-Williams]

Investment Info:

Single-family residence fix & flip investment in Coplay.

Purchase price: $176,000
Cash invested: $38,000
Sale price: $250,000

Single Family purchased at the Sheriffs Sale for a fix and flip

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

Sheriff sale bid

How did you finance this deal?

Cash

How did you add value to the deal?

Updating and remodeling the entire home.

What was the outcome?

$75000 equity

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

Trident Mortgage-Omar Nasser

[Kris L.]

If you sold it at 250,

250-38-176= 36 not 75.  What am I missing on this?