My First Flip Deal in San Antonio Texas

[Sol Mustafa]

Investment Info:

Single-family residence fix & flip investment in San Antonio.

Purchase price: $80,000
Cash invested: $125,000
Sale price: $169,900

First flip experience. Learned a lot.

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

Great purchase opportunity; great neighborhood; great bones; great contractor.

How did you finance this deal?

Private Money

How did you add value to the deal?

Updated and modernized

What was the outcome?

Good for a first deal.

Lessons learned? Challenges?

Under budget. I got lucky the contractor I choose for the job was willing to work with me.

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

Contractor, yes.