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Updated over 5 years ago on . Most recent reply

User Stats

86
Posts
56
Votes
Thomas Jackson
  • Specialist
  • San Diego, CA
56
Votes |
86
Posts

Fix & Flip Complete!

Thomas Jackson
  • Specialist
  • San Diego, CA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $125,900
Sale price: $425,000

Bought this home as my primary residence back in 2015, but all along the plan was to fix and flip this property. It was a highly distressed property, but it had good bones and hell of a potential to be great. A complete remodel inside and out.

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

I knew this property had great potential and it was located in a hot market with very good schools.

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

I actually found this house while searching on Zillow. It was a foreclosure and I was probably the only contractor crazy enough to see the potential.

How did you finance this deal?

Cash Buy

What was the outcome?

The house just currently hit the market and showings are stacking up.

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