Red Brick Rambler Flip

[Lindsey Keller]

Investment Info:

Single-family residence fix & flip investment in Phoenix.

Purchase price: $325,000
Cash invested: $45,000
Sale price: $414,000

Cosmetic Renovation that ran into Sewer issues and with help of insurance, came out ahead

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

Great neighborhood and simple cosmetic flip.

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

MLS

How did you finance this deal?

Conventional financing

How did you add value to the deal?

Complete cosmetic remodel

What was the outcome?

Sale ended in a profit

Lessons learned? Challenges?

Get a sewer inspection, ALWAYS