Most recent fix-n-flip in Central Texas

[Brian Vaughan]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000
Cash invested: $60,000
Sale price: $235,000

3 bed / 1 bath SFR built in 1975 on a 0.18 acre level parcel, in a older neighborhood near a popular river "beach".

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

Love flipping a home with potential.

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

Monitoring MLS daily and being quick to offer slightly above full asking price, all cash, quick close, not contingencies.

How did you finance this deal?

Cash.

How did you add value to the deal?

Spent about 60k over a 5 month period. Made and unfunctional home very functional. Quality staging.

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

Yes. Hired a great local agent after interviewing many others.