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Updated over 4 years ago,

User Stats

10
Posts
0
Votes
Dane Brasslett
  • Lender
  • Ocean City, NJ
0
Votes |
10
Posts

715 Fuae Fix and flip

Dane Brasslett
  • Lender
  • Ocean City, NJ
Posted

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