Old Louisville Fix&Flip

[Rob Bergeron]

Investment Info:

Single-family residence fix & flip investment in Louisville.

Purchase price: $175,000
Cash invested: $14,000

Contributors:
Joe Worth, Jonathan Farber

Fix and flip!
Purchase Price: $175,000
Money Down: $0.
Rehab Total Cost: $14,000.
Listing Price $299,000.

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

Lots of safety built into the deal.

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

We have virtual assistants calling daily.

How did you finance this deal?

Private money, no money down, and rehab costs included.

How did you add value to the deal?

Listing property, knowing what sells, and marketing the deal.

What was the outcome?

Listed today, so we will see!

Lessons learned? Challenges?

Dumpster company knocked down a tree....home originally had fleas. Hunting for your own deal is better than waiting for people to bring it!

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

I listed personally. Private money was local.