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Updated over 4 years ago on . Most recent reply

User Stats

50
Posts
40
Votes
Matt Looney
  • Investor
  • Little Rock, AR
40
Votes |
50
Posts

Latest 4 bed 2 bath reno in the Little Rock metro.

Matt Looney
  • Investor
  • Little Rock, AR
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $36,500
Cash invested: $45,000
Sale price: $125,000

This 4 bed 2 bath home was in rough shape when we bought it. We updated everything from the roof, HVAC system, all flooring, all paint, turned the carport into a garage, all new kitchen cabinets and countertops, bathrooms were gutted and completely overhauled. We also added stainless steel appliances and all new LED lighting. We also demolished and rebuilt a new back deck.

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

This property had some great bones, it was just all of the cosmetic features that needed help.

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

This property was listed on zillow. We just contacted them and after negotiating back and forth for a couple of days we had a price everyone was happy with.

How did you finance this deal?

This was funded by a private investor.

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