First Foreclosure, Fix and Flip

[Gregory Alan Young]

Investment Info:

Single-family residence wholesale investment in Bayfield.

Purchase price: $156,000
Cash invested: $38,454
Sale price: $235,000

Foreclosure Rehab

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

Lower cost of market entry.

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

Courthouse auction bidding

How did you finance this deal?

Cash

How did you add value to the deal?

Renovations and updating

What was the outcome?

SOLD

Lessons learned? Challenges?

Project management, project management, project management!