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Updated about 5 years ago on .

User Stats

21
Posts
16
Votes
Tracy Horn
  • Lender
  • Colorado, Missouri & Alabama
16
Votes |
21
Posts

F&F 3 bedroom 2 bath finished basement opportunity

Tracy Horn
  • Lender
  • Colorado, Missouri & Alabama
Posted

Investment Info:

Single-family residence fix & flip investment in Grandview.

Purchase price: $126,000
Cash invested: $35,000

Complete remodel including roof, landscaping, all 3 bathrooms, refinishing wood floors, countertops, carpet, tile, foundation

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

Strictly based on numbers

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

Wholesaler

How did you finance this deal?

Private investor

How did you add value to the deal?

GC the remodel and value engineered the finishes through my strategic alliances

What was the outcome?

TBD about to list for sale

Lessons learned? Challenges?

bring my contractor to all property viewings

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

TBD