Gorgeous Flip in Knoxville

[Cassidy Melhorn]

Investment Info:

Single-family residence fix & flip investment in Knoxville.

Purchase price: $50,700
Cash invested: $90,000
Sale price: $205,000

Beautiful vintage 1920 Craftsman in the heart of North Knoxville. Property turned out incredible and the buyers were super excited.

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

90k profit

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

Foreclosure

How did you finance this deal?

Mayonnaise Jar Money

How did you add value to the deal?

Renovated it

What was the outcome?

Profited 90k

Lessons learned? Challenges?

Move quickly

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

Victoria Melhorn was my realtor and sold the house in 1 day. Highly Recommended.