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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.

User Stats

10
Posts
5
Votes
Doug Kienzle
  • Rental Property Investor
  • Edmonds, WA
5
Votes |
10
Posts
Doug Kienzle
  • Rental Property Investor
  • Edmonds, WA
Replied

Love Boise and Idaho! Seems like there are some good gems if you go searching. Would like to connect and chat sometime about the markets. Boise and the surrounding areas seem to be growing and expanding.

User Stats

58
Posts
39
Votes
Kory McCain
Agent
  • Real Estate Agent
  • Boise, ID
39
Votes |
58
Posts
Kory McCain
Agent
  • Real Estate Agent
  • Boise, ID
Replied

Congrats Natalie!  Would love to see some after pics!

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User Stats

1,871
Posts
1,710
Votes
Bonnie Low
Pro Member
#1 Medium-Term Rentals Contributor
  • Investor
  • Cottonwood, CA
1,710
Votes |
1,871
Posts
Bonnie Low
Pro Member
#1 Medium-Term Rentals Contributor
  • Investor
  • Cottonwood, CA
Replied

That is a GREAT purchase price for Boise! Congrats!

  • Bonnie Low