My First Flip Property

[Emily DeYonker]

Investment Info:

Single-family residence fix & flip investment in Saint Clair Shores.

Purchase price: $79,000
Cash invested: $35,000
Sale price: $157,000

This was my first flip property. Purchased in an area where I predicted values would be rising shortly after I purchased it. Soon enough 2 months later they did. Put my blood, sweat, & tears into this; however, I learned a TON. From getting my brothers & their friends to demo with me, to forcing my 100lb girlfriends to bag & carry all of the garbage to the curb to save money on a dumpster. Being a rookie, I had no idea what I was doing & pinched pennies wherever I could. Sure enough it paid off.