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Updated over 3 years ago, 05/07/2021

User Stats

8
Posts
3
Votes
Alex Boylan
  • Real Estate Agent
  • Minneapolis, MN
3
Votes |
8
Posts

This home will be a Buy, Fix and Flip.

Alex Boylan
  • Real Estate Agent
  • Minneapolis, MN
Posted

Investment Info:

Single-family residence fix & flip investment in Stillwater.

Purchase price: $200,000

This will be a complete remodel of a late 1800s home.

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

The seller had started the remodel but ran out of money and patience.

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

They called me knowing I buy properties for cash no matter the condition.

How did you finance this deal?

I used a Commercial loan through a small local bank.

How did you add value to the deal?

Doing a complete remodel of the home.

What was the outcome?

Still in process

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