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Updated over 4 years ago,

User Stats

14
Posts
6
Votes
Kristine McCreary-Williams
  • Real Estate Agent
6
Votes |
14
Posts

SHERIFF SALE FIX, HOLD & RENT

Kristine McCreary-Williams
  • Real Estate Agent
Posted

Investment Info:

Single-family residence other investment.

TWO Bedroom Single Family Residence

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

Value Add and potential of Cash Flow

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

Sheriffs Sale bid

How did you finance this deal?

Cash

How did you add value to the deal?

Complete Rehab and updates

What was the outcome?

Holding the property as a rental yielding $1260 per month with tenant paying all utilities.

Lessons learned? Challenges?

Cash out Refinance
Challenging Flip with lots of obstacles

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

Trident Mortgage Omar Nasser