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Updated about 5 years ago on . Most recent reply

User Stats

42
Posts
29
Votes
Kara Beckmann
  • Flipper/Rehabber
  • Scottsdale, AZ
29
Votes |
42
Posts

Wholesale F&F in Scottsdale

Kara Beckmann
  • Flipper/Rehabber
  • Scottsdale, AZ
Posted

Investment Info:

Single-family residence fix & flip investment.

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

I purchased this house from my local wholesaler 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.

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