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Updated over 4 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Kelly Muscarella
  • Real Estate Broker
  • Battle Ground, WA
2
Votes |
9
Posts

Equity Share Fix and Flip

Kelly Muscarella
  • Real Estate Broker
  • Battle Ground, WA
Posted

Investment Info:

Single-family residence other investment.

Purchase price: $200,000
Sale price: $275,000

We did an equity share on this property. We live in a state with excise tax, so we went in and made a deal with the owner that they remain in possession of property and we do all the rehab. We make an agreement with the seller for the initial purchase price.

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