Residential home in Ponca City

[Yvonne Pendley Wehrle]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000
Cash invested: $25,000
Sale price: $125,000

Purchased and did a remodel and flipped it

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

I started flipping in 1985

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

Estate

How did you finance this deal?

In House Loan

How did you add value to the deal?

With improvements

What was the outcome?

I was very pleased

Lessons learned? Challenges?

I have been doing this since 1985 so you should always prepare for the unexpected.

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

No