Updated over 6 years ago on . Most recent reply
First Deal a success!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $192,000
Cash invested: $2,500
Sale price: $228,000
Live in flip.
My wife and I did all the work for a cosmetic flip. We were able to add a third bedroom, update the cabinets, paint all walls in the house, and replace light fixtures. Not only was it fun to work on these projects as a couple, but we made a $20,000 profit after all expenses.