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Updated over 5 years ago on .

User Stats

54
Posts
20
Votes
Mark Manship
  • Realtor
  • Pensacola, FL
20
Votes |
54
Posts

Personal Residence Flip #4

Mark Manship
  • Realtor
  • Pensacola, FL
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $225,000
Cash invested: $25,000

3/2 Bungalow in East Hill

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

Amazing location/area (proximity to downtown and historic sector)

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

MLS / 2-month negotiation with seller

How did you finance this deal?

VA

How did you add value to the deal?

50/50 DIY and local contractor work

What was the outcome?

Still in progress; goal for project complete on Jan 1, 2020