Panama City Townhouse Flip

[Johnny Lynum]

Investment Info:

Townhouse fix & flip investment.

Purchase price: $84,000
Cash invested: $10,300

Lynn Haven, FL 3 Bdr/2Ba 1,050 Sqft Townhouse Flip

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

Low housing supply in our local area was a big factor.

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

It was a deal we gained from marketing to off market homeowners.

How did you finance this deal?

Cold Calling

How did you add value to the deal?

Complete renovation

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

I worked with my normal passive investors to fund a large amount of the renovation and acquisition cost.

[Johnny Lynum]

@Clint Shelley the plan right now is to list for $156k.