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Updated almost 4 years ago on . Most recent reply

User Stats

6
Posts
11
Votes
Felix Vara
  • Contractor
  • AUSTIN
11
Votes |
6
Posts

House Flip investment!

Felix Vara
  • Contractor
  • AUSTIN
Posted

Investment Info:

Single-family residence fix & flip investment in Del Valle.

Purchase price: $135,000
Cash invested: $45,000
Sale price: $300,000

6 bedroom 3 bathroom with 2500 sq ft on a 1 acre lot at he end of a cul-de-sac

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

Vision from what it was to what it could be

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

MLS

How did you finance this deal?

Hard Cash

How did you add value to the deal?

Installed new floors, remodeled the kitchen and the other 3 bathrooms, new floor base and crown molding, replaced all the doors and hardware, installed new a/c units , repaired the electrical wiring added new installation, painted inside and outside, removed all the debri and trimmed all the trees , installed new window blinds , added new flooring to the bathrooms and had a great ! Realtor come out and take some professional pictures to post on the MLS !

Lessons learned? Challenges?

Success is not a straight line but a lot ups and downs

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

The INSIDEOUT TEAM !! I highly recommend them
512-576-9047

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