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Updated almost 5 years ago on . Most recent reply

User Stats

29
Posts
9
Votes
Kristine Flook
  • Real Estate Agent
  • Florida
9
Votes |
29
Posts

Miami Gardens Single Family

Kristine Flook
  • Real Estate Agent
  • Florida
Posted

Investment Info:

Single-family residence fix & flip investment in Miami Gardens.

Purchase price: $180,000
Sale price: $280,000

Beautifully renovated 3 bedrooms 2 bath, and a full 1 car garage! Updates include custom kitchen, updated baths, new windows, new door, modern laminated flooring throughout with new baseboards, tankless water heater, new light fixtures, beautiful landscaping. The house is located on a large corner lot with double entry

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

partnership

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

wholesaler

How did you finance this deal?

hard money and partnership capital

How did you add value to the deal?

private lending

What was the outcome?

covid 19 hit and could have done better

Lessons learned? Challenges?

buy at better ARV

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

yes

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