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Updated over 5 years ago on . Most recent reply

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Michelle Ellsworth
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2
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Vintage Florida Home Fix and Flip Success

Posted

Investment Info:

Single-family residence fix & flip investment in Bradenton.

Purchase price: $150,000
Cash invested: $29,000
Sale price: $350,000

Vintage home with serious damage. Renovated the entire home for under $30,000. Great return due to location!

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

Location

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

Realtor

How did you finance this deal?

Cash

How did you add value to the deal?

Complete renovation

What was the outcome?

92% ROI!

Lessons learned? Challenges?

Sometimes you just got to go for it!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Donna and Tom Muphy, Keller Williams on the Water

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