Successful Fix& Flip

[Teri Szoke]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $156,000
Cash invested: $69,000
Sale price: $350,000

Real poor condition home, successfully renovated and flip for profit

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

Opportunity

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

MLS. Won the multiple offer situation

How did you finance this deal?

conventional loan

What was the outcome?

Successful

Lessons learned? Challenges?

Need to do it in less time