Turnkey fix n flip in Memphis, TN off of MLS

[Jason Hopkins]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $35,000
Sale price: $85,000

Numbers for this Turnkey fix n flip.

Purchase Price-$35,000
Rehab-$30,000
Closing cost and other fees-$5,676
Sale Price-$85,000
Profit-$14,324

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

Found this one on MLS which is hard in todays market. I had to go over the list price in order to purchase this property because there were multiple offers.

How did you finance this deal?

HML

How did you add value to the deal?

Completed a full turkey rehab.