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Updated almost 5 years ago on .
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715 Fuae Fix and flip
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $70,100
Cash invested: $80,000
Sale price: $229,000
This property was a bank owned sfr in Northfield, NJ. It was an absolute mess and needed a full rehab. We put all new window, roof, siding, HVAC, Electric, Plumbing, basically everything new. The pool outback was full of mud and water for atleast 5 years.
What made you interested in investing in this type of deal?
It was a great price for the location right on the bike path and corner lot