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Updated over 5 years ago on . Most recent reply

User Stats

53
Posts
32
Votes
Bud Evans
  • Rental Property Investor
  • Cinnaminson, NJ
32
Votes |
53
Posts

Single Family Flip in Collingswood, NJ

Bud Evans
  • Rental Property Investor
  • Cinnaminson, NJ
Posted

Investment Info:

Single-family residence fix & flip investment in Collingswood.

Purchase price: $215,000
Cash invested: $30,000

This is a single-family home with 3 beds and 2 baths. There is a large addition on the back of the home. I'm going to move the kitchen, open a couple of walls and push the ARV.

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

This is a wholesale deal in a highly profitable area in South NJ.

How did you finance this deal?

Combination Hard and Private money.

How did you add value to the deal?

Moved the kitchen, opened a couple of walls, rebuilt 2 bathrooms.

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