A newbies first fix and flip project

[Connor Maxwell]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $190,000
Cash invested: $66,000
Sale price: $292,500

My first real estate related investment I completed earlier this year. Made a lot of mistakes and learned a ton! I am glad to help anyone that has any questions or is interested in chatting about future projects!

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

I purchased this deal through a wholesaling company.

How did you finance this deal?

Hard money

How did you add value to the deal?

We added 150 sq feet of living area and converted the carport to a garage.

Lessons learned? Challenges?

Learned about project management, dealing with lenders, permitting issues, and the buy/sell process.