Medical Center Flip (The Pig House)

[Diego Gomez]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $136,500
Cash invested: $30,000
Sale price: $195,000

This house took us a while to finish up and as a first deal my partner and I came across a number of surprises. The house needed a complete tear down and rehab, and not only did I participate as an investors but my partner and I helped throughout the Demo and rehab. I have never seen a house so destroyed and full of animal left overs. There were fishes, rats, dogs, cats, mice and even a pig living in this house prior to our purchase. I am excited to apply what I learned from this experience!

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

Wholesale

How did you finance this deal?

Hard money and private money

Lessons learned? Challenges?

Foundation is the very first thing to fix! Also working with people and learning to handle your emotions will play a big factor on your enthusiasm and work ethic.