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Updated about 5 years ago,
Buy low and sell high
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,000
Cash invested: $100,000
Sale price: $140,000
Rehabbing, creative equity, sell
What made you interested in investing in this type of deal?
low risk, highest profits
How did you find this deal and how did you negotiate it?
MLS/realtor app
How did you finance this deal?
Cash/mortgages
How did you add value to the deal?
Renovations, kitchens, bathrooms, new windows, paint, heating and air conditioning upgrades and basically whatever it needed to get top dollar and sell fast
What was the outcome?
Made money
Lessons learned? Challenges?
Buy low sell high but not too high that it sits too long on the market, more turns on the money makes more money at the end of the day
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes a few