Second Try at a Flip

[Michael DeYoung]

Investment Info:

Single-family residence fix & flip investment in Holland.

Purchase price: $190,000
Cash invested: $50,000
Sale price: $260,000

This was my second fix and flip that ended up sitting on the market for several months. As a result my wife and I decided to move into it and rent out our other home. It didn't finish how I expected, but I did end up with an investment property at the end of the day.