2187 Summerfield Dr. Flip

[Account Closed]

Investment Info:

Single-family residence fix & flip investment in Castle Rock.

Purchase price: $258,000
Cash invested: $1,100
Sale price: $272,500

Buy and sell with small repairs.

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

Easy flip with small repairs.

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

MLS with an escalation clause.

How did you finance this deal?

Conventional

How did you add value to the deal?

Minor updates.

What was the outcome?

Quick purchase and sell.

Lessons learned? Challenges?

Small risk, small reward.