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Updated about 4 years ago,

User Stats

12
Posts
7
Votes
Mal'Lica Benton
  • Contractor
  • Florida
7
Votes |
12
Posts

My second flip took me to school

Mal'Lica Benton
  • Contractor
  • Florida
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $48,500
Cash invested: $23,000
Sale price: $134,900

Fully renovated 3 bedroom 1 bath sfh

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

the neighborhood

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

a wholesaler

How did you finance this deal?

hard money loan

How did you add value to the deal?

completed renovated the home from top to bottom including roof, hvac, electrical

What was the outcome?

being placed on the market to sell

Lessons learned? Challenges?

Pull permits for everything. Be firm with subcontractors.

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

paces funding and kingdom first reality

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