2nd Flip in Woodstock

[Owen Jones]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $146,000
Cash invested: $60,000

Layout change, new kitchen, open floor plan, all new fixtures, paint, floors

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

Found on MLS

How did you finance this deal?

Cash

How did you add value to the deal?

Layout change and update

What was the outcome?

finishing up now

Lessons learned? Challenges?

Found a rotten subfloor one week into the flip that cost $10k right off the bat. Forced us to over flip the property.

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

Oliver Sumrall