Fix & Flipping long island New York

[Matthew Kalwiss]

Investment Info:

Single-family residence fix & flip investment in Massapequa Park.

Purchase price: $400,000
Cash invested: $50,000

Creative dreams realty is going to Totally renovating this house outside were doing landscaping , siding ,gutters and pressure washing inside were doing new plumbing , electric , sheet rock , doors , molding , 2 full baths , kitchen and basement . When were done it going to look like a brand new house. We renovate each house like were going to live there our selves. We buy renovate and sell all our houses right now but we are definitely looking to start to BRRRR houses very soon.

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

So we can start learning the process and learn from our mistakes to build a business and start to BRRRR

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

We found it on the MLS and my partner/cousin is our realtor and we can both talk and people feel very comfortable with us

How did you finance this deal?

Hard money lender

How did you add value to the deal?

By upgrading everything

What was the outcome?

we put out a great product

Lessons learned? Challenges?

We keep learning and keep pushing forward

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

Yes my cousin