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Updated over 4 years ago on . Most recent reply
![Sadeq Ahmed's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1522249/1621513180-avatar-sadeqa.jpg?twic=v1/output=image/crop=1311x1311@0x2/cover=128x128&v=2)
9955 S Perry Ave In South side of Chicago
Investment Info:
Single-family residence fix & flip investment in Chicago.
Purchase price: $42,500
Cash invested: $60,000
Sale price: $160,000
Fix & Flip
What made you interested in investing in this type of deal?
Initially it was for my own interest
How did you find this deal and how did you negotiate it?
Drive by
How did you finance this deal?
Personal cash
How did you add value to the deal?
complete remodel
What was the outcome?
net 35k
Lessons learned? Challenges?
never use a personal home mindset and switch to a flip opportunity
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No