Flipping a House in South Jersey

[Darrin Wilson]

Investment Info:

fix & flip investment in Sicklerville.

Purchase price: $50,000
Cash invested: $150,000

Gutted the house to the studs and put in new everything.

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

#1. Partnering with my brother
#2. Flipping is what we’re interested in doing

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

Auction.com

How did you finance this deal?

Cash

How did you add value to the deal?

Gutted the house down to the studs and put new everything into it. We basically rebuilt the house.

What was the outcome?

Still working on it

Lessons learned? Challenges?

Finding the right GC was the biggest challenge

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

Yes, Keller Williams