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Updated about 4 years ago,
Old Towne East fix and flip.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $153,000
Cash invested: $75,000
This is a property in Old Towne East in Columbus,OH. Solid fix and flip. With a 460k ARV
What made you interested in investing in this type of deal?
This area is hot in Columbus and the numbers work great.
How did you find this deal and how did you negotiate it?
I found it through my GC. The sellers were asking 175k. We came in at 145k cash. We met in the middle at 153k.
How did you finance this deal?
I put up cash for the purchase. I am using private money for the other half of the purchase and rehab.
How did you add value to the deal?
This is a full renovation.
What was the outcome?
We just started last week. I will update when finished!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes. DM Me!