Updated over 6 years ago on .
Property flip completed!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $66,500
Cash invested: $30,000
Sale price: $138,000
Smaller 2 bed 1 bath home in a great neighborhood. Empty since 1990. Complete gut of interior, plumbing, and all new HVAC
What made you interested in investing in this type of deal?
Great area
How did you find this deal and how did you negotiate it?
Another investor purchased at auction and decided he didn't want it.
How did you finance this deal?
Private money
How did you add value to the deal?
Full gut
What was the outcome?
Profit $$$