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Updated about 4 years ago,
Equity Share Fix and Flip
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.