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Updated about 4 years ago,

User Stats

33
Posts
18
Votes
Gary David
  • Rental Property Investor
  • Greater Cincinnati Ohio Area
18
Votes |
33
Posts

SFH Fix and Flip in Cincinnati Ohio

Gary David
  • Rental Property Investor
  • Greater Cincinnati Ohio Area
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $70,000
Cash invested: $30,000
Sale price: $146,000

Fantastic 4 Bedroom 2 bath, 2 story brick home located on quiet Cul-de-sac. Completely remodeled. New roof, gutters with covers. New windows, New Central air & furnace, new water heater, New carpet in basement and upper bedrooms, 1st Floor Hardwood floors. Finished insulated basement with extra storage and new laundry appliances. Won't last long!

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

Quick flip for cash

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

Found it on Auction.com

How did you finance this deal?

Paid Cash

How did you add value to the deal?

Did a lot of the work myself

What was the outcome?

Good Quick sale good profit

Lessons learned? Challenges?

Contractors to show up on time !!! ugggghhh

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

Jim Roth| Flat fee selling Broker

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