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Updated almost 4 years ago, 01/16/2021

User Stats

4
Posts
4
Votes
Natalie Elliott
  • Investor
  • Boise, ID
4
Votes |
4
Posts

Flipper invested in SW Boise

Natalie Elliott
  • Investor
  • Boise, ID
Posted

Investment Info:

Single-family residence fix & flip investment in Boise.

Purchase price: $200,000
Cash invested: $57,000
Sale price: $348,000

Fixed and flipped the home. Made a return of 32%.

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

This home had 1/3 acre, which is incredibly hard to find in Boise City.

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

A friend reached out to me to see if I was interested in buying it.

How did you finance this deal?

Paid Cash.

How did you add value to the deal?

Completely remodeled.

What was the outcome?

We went pending in minutes on the MLS.

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