Craftsman Style Bungalow in Mixed Use Community

[John Williams]

Investment Info:

Single-family residence fix & flip investment in Smyrna.

Purchase price: $150,000
Cash invested: $136,000
Sale price: $345,000

This was a 'subject to' deal, partnering with property owner. I fully funded the rehab and provided design and project management services, then (as an agent) listed the home for sale.

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

Conducted similarly structured deals in the past with successful results.

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

One of our property management clients owned the home.

How did you finance this deal?

Cash

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

As a licensed agent, I represent myself as principal in all transactions.