2500sf Flip in Florissant Mo (St. Louis)

[Ericka Hughes]

Investment Info:

Single-family residence fix & flip investment in Florissant.

Purchase price: $130,000
Cash invested: $40,000
Sale price: $223,000

3 Bedroom 4 Bath home. Full Rehab.

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

Profit potential.

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

Wholesaler

How did you add value to the deal?

Removed walls and created open concept on main living area. Updated entire home from 80's style to modern era.

What was the outcome?

Under contract twice. Buyers fell through. Sold above asking to out of state buyer who was relocating to the St. Louis area.