Wholesale F&F in Scottsdale

[Kara Beckmann]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $450,000
Cash invested: $89,530
Sale price: $643,000

This deal was brought to me by the same wholesaler who sold me my last property. He knew my credentials for a fix & flip in this neighborhood, and knew this fit my criteria. I purchased this house within the first 5 min of seeing it for the first time. There were other investors on their way to look at the property, and I knew this was s good deal. It was as 7 day close. I financed this deal with my own cash as well as private investors. This was a full remodel including major landscape and pool update in the backyard that took 6 weeks. It is now a beautifully updated home while still maintaining the original character of the home. It is currently on the market to sell, however I may choose to keep this as a short term rental property.