Flip and Fix in Bay View (Milwaukee), WI

[Teresa Machi]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $86,500
Cash invested: $50,000

We picked up this 3 bedroom, 1.5 bathroom right outside of Bay View from a wholesaler. It needed pretty much everything except for windows. Foundation work done, all new HVAC, electrical, plumbing, tear off roof, and the list goes on. It's on a busier street, so it wasn't the most desirable location. We held strong and didn't budge on price. This transaction closes this week and it won't be a bad payday. Reach out if you want to know more.

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

Bought from a reputable wholesaler that we've built relationships with

How did you finance this deal?

Cash

How did you add value to the deal?

This house is pretty much brand new