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Updated over 5 years ago,

User Stats

22
Posts
13
Votes
Jim Thorpe
  • Flipper/Rehabber
  • Irving, TX
13
Votes |
22
Posts

Total restoration flip in Irving TX

Jim Thorpe
  • Flipper/Rehabber
  • Irving, TX
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $104,000
Cash invested: $176,000
Sale price: $200,000

Total and complete rehab. All new plumbing, foundation and electrical

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

We work properties for the first time home buyer.

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

we found this property through the MLS. We made an all cash offer no inspection, no option time and 5k earnest.

How did you finance this deal?

Cash

How did you add value to the deal?

Sweat

Lessons learned? Challenges?

we learned that we could handle any situation thrown at us,