Fix & Flipping long island New York

[Matthew Kalwiss]

Investment Info:

Single-family residence fix & flip investment in N Merrick.

Purchase price: $379,000
Cash invested: $58,000

Creative Dreams Realty totally renovated this house top to bottom inside and out another great house remodel by me and my cousin. We put out a great product we just need help finding better deals and network more.

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

Learning all the aspects and trades to be more rounded and make money

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

MLS and talking to people

How did you finance this deal?

Hard money

How did you add value to the deal?

By totally renovating this house and bring the AVR up

What was the outcome?

We renovated this house in 2 1/2 months and then sold it

Lessons learned? Challenges?

just more stuff on what to do and what not to do

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

Yes my cousin/partner Nick

[Matthew Kalwiss]

@Scott Wolf

Thanks alot we try to put out a great product so we can grow our business we do each house like were going to live there. Our ARV was $585,000 and profit was around $60,000. We joined bigger pockets to network find leads and meet people to help us grow and find better deals