Sheriff Sale Fix & Flip

[Thomas Jackson]

Investment Info:

Single-family residence fix & flip investment in Medina.

Purchase price: $238,000
Sale price: $343,000

My partner and I purchased this home at the Medina County Sheriff sale in October of 2017. The house was in pretty decent shape, a lot of small cosmetic repairs like painting, engineered floors, carpet etc. We re-tiled all of the bathrooms, installed new vanities and fixtures. In the kitchen we painted the cabinets, installed granite counters and tile backsplash. Built a custom stone fireplace in the main living room and cleaned up all of the landscaping

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

It was in a sought after school district and the price we purchased it for was within our budget.

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

Sheriff Sale

How did you finance this deal?

Cash and traditional financing