House for sale for first time home buyers

[Betsy Cruz]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $136,000
Cash invested: $95,000
Sale price: $239,000

Dickinson is a suburb of Houston with a population of 19,874. Dickinson is in Galveston County and is one of the best places to live in Texas. Living in Dickinson offers residents a suburban feel and most residents own their homes. Many families and young professionals live in Dickinson and residents tend to have moderate political views. The public schools in Dickinson are above average. This home offers you 4 bedrooms and 2 baths( 1 master bathroom). Large Eat in kitchen with an island.

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

ROI

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

For sale by owner

How did you finance this deal?

hard money

How did you add value to the deal?

total renovation

What was the outcome?

Brand new home for First time home buyers

Lessons learned? Challenges?

Scheduling

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

yes