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Updated over 5 years ago,
Fix n flip hoarder house in a suburban tract neighborhood
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $405,000
Cash invested: $70,000
Sale price: $599,000
I bought a hoarder house with a garage that was converted into a heavy metal recording studio.
How did you find this deal and how did you negotiate it?
An agent in my company brought it to me
How did you finance this deal?
Private money loan
How did you add value to the deal?
Full renovation
What was the outcome?
Made some money!