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Updated almost 4 years ago, 01/16/2021
Flipper invested in SW Boise
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.
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.
Congrats Natalie! Would love to see some after pics!
- Kory McCain
- [email protected]
- 208-817-3006
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#1 Medium-Term Rentals Contributor
- Investor
- Cottonwood, CA
That is a GREAT purchase price for Boise! Congrats!