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Updated over 5 years ago on . Most recent reply

User Stats

14
Posts
1
Votes
Bright Ayalingo
  • Real Estate Investor
  • Charlotte, NC
1
Votes |
14
Posts

First Intentional Flip

Bright Ayalingo
  • Real Estate Investor
  • Charlotte, NC
Posted

Hi All, although this closed back in June wanted to share with everyone my first "intentional flip". I say "intentional" because though I have had a few real estate transactions (3 rentals) and 1 live in flip which ended up becoming my primary residence.This is the first property I purchased to with fix and flip as the exit strategy and successfully completed.

We faced a few challenges between having to change GC's, running over budget and time. However,It was stressful enough that I will do it again. lol.

Below is a link to some before and after pictures. 

Purchase: $112,000   Rehab: $45,000   Sold: $202,000 

https://drive.google.com/open?id=1pLF2ngA25ZMIeC0TZcxtmg2Zxi5zab2Q

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