300 S Key Drive project

[Dane Brasslett]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $79,700
Cash invested: $60,000
Sale price: $240,000

This property was bought over auction, at the time we had a few other projects going so started it roughly 7 months after purchasing it. We luckily found a buyer before listing it and got them into a great newly renovated home.

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

The general area is an up and coming college town with Stockton university growing, would of made for a great rental or flip.

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

It was an online auction through xome

How did you finance this deal?

Brass Financial Group

How did you add value to the deal?

The house was completely renovated from the outside, In. Night and day difference.

What was the outcome?

We found a buyer for the house prior to listing it with a realtor, we were also able to help them with a mortgage!