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Updated over 4 years ago,

User Stats

11
Posts
1
Votes
Jodi DeCarlo
  • Avon, NY
1
Votes |
11
Posts

Buy & Hold turned into Fix & Flip

Jodi DeCarlo
  • Avon, NY
Posted

Investment Info:

Single-family residence buy & hold investment in Dansville.

Purchase price: $50,000
Cash invested: $30,000

Purchased this one for a client on a lease with option to purchase. Worked with them for the first 2 years to build up their credit and then they didn't follow through on the purchase. Once they moved out, we renovated the house and are under contract to sell