Purchase, rehab, flip

[Allen Prather]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $94,500
Cash invested: $65,000

Full rehab fix and flip.

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

Great opportunity!

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

Negotiated with seller at a 12 month with ballon term land contract with 20% down at 6% rate amortization of 25 years.

How did you finance this deal?

Same as above

How did you add value to the deal?

Full rehab

What was the outcome?

Just finishing project up, have 4 potential buyers.