Phoenix Hill Fix and Flip

[Mya Toohey]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $60,000
Sale price: $249,990

Purchased as a partnership to flip.

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

We purchased as a package off market deal. We purchased it and two houses down.

How did you finance this deal?

HML

What was the outcome?

We sold our shares to our partner for a profit and they completed the project because we were transitioning into Commercial Renovations and moved away from SFH.

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

I was the buying agent and negotiated the sales price.