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Updated over 5 years ago,
SF Flip Hack on 52nd St
Investment Info:
Single-family residence buy & hold investment in Savannah.
Purchase price: $170,000
Flip hacking property in Parkside neighborhood. This neighbor is scaling with houses currently selling at 250K to 300K. Goal is to upgrade kitchen, bath, add a bath and other small cosmetics for an ARV of 250k. Also looking to turn large detached garage into tiny home or studio for renting
What made you interested in investing in this type of deal?
Price for the condition and Neighborhood
How did you find this deal and how did you negotiate it?
MLS, put in offer
How did you finance this deal?
VA Loan
How did you add value to the deal?
Currently renovating it while living in it
Lessons learned? Challenges?
None yet, will keep updating