First fix in flip in Holiday florida

[Samuel Rivera]

Investment Info:

Single-family residence fix & flip investment in Holiday.

Purchase price: $115,000
Cash invested: $60,000
Sale price: $195,000

REO home 2/2, rehabbed into a 4/2 fix and flip

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

potential

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

formula for MLS

How did you finance this deal?

Hard Money loan

How did you add value to the deal?

Vision on seeing what the home could be, negotiating and managing workers

What was the outcome?

sold the home and learned allot

Lessons learned? Challenges?

do a full inspection before purchase, i did not just did and ARV appraisal, and 4 point found moisture in the roof that we did not find. Working with licensed contractors not handyman

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

no one i would recommend