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Updated over 4 years ago,

User Stats

11
Posts
1
Votes
Chris Berra
  • Real Estate Consultant
  • Saint Louis, MO
1
Votes |
11
Posts

2/1 Fix and Flip in South St. Louis

Chris Berra
  • Real Estate Consultant
  • Saint Louis, MO
Posted

Investment Info:

Single-family residence fix & flip investment in Saint Louis.

Purchase price: $50,000
Cash invested: $30,000
Sale price: $129,900

Small cosmetic fix and flip.

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

We were able to add value by adding a main floor laundry room.

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

MLS

How did you finance this deal?

Local small bank

How did you add value to the deal?

Added a main floor laundry room

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

I'm a licensed Realtor