primary nyc co-op apartment 171k profit after 15 years.

[Ken Morton]

Investment Info:

Condo fix & flip investment in Woodside.

Purchase price: $249,000
Cash invested: $25,000

Bought primary residence 10 years ago. Listing for sale now. Going to use proceeds from sale to invest in real estate or take out HELOC if it doesn't sell.

How did you finance this deal?

traditional financing

How did you add value to the deal?

renovating kitchen bathroom and living room.

What was the outcome?

selling for 390k

Lessons learned? Challenges?

dont buy a co-op if you want to get in and out fast?