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Updated almost 6 years ago on .

User Stats

29
Posts
14
Votes
Timothy Smith
  • Upper valley, NH
14
Votes |
29
Posts

First Fix and Flip from out of State

Timothy Smith
  • Upper valley, NH
Posted

Investment Info:

Single-family residence fix & flip investment in Charleston.

currently working with RE Agent and rehab crew to start work on This Rehab and Flip.

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

Stars aligned for a partnership with owner for a split to hold mortgage.

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

I've seen this property, for almost 20 years, in a growing market. The owners were unable to maintain the property to a point of disrepair. so the terms of the split are mutually beneficial to everyone.

How did you finance this deal?

Private loan, Bussiness credit.

What was the outcome?

To be Dtermined