Nice flip in the Kansas City Northeast

[John Wiley]

Investment Info:

Single-family residence fix & flip investment in Kansas City.

Purchase price: $30,001
Cash invested: $27,000
Sale price: $89,000

Nice $32,899 profit for my Joint Venture partners on this deal. I managed the purchase and rehab on this project.

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

I bought this house at the county auction.

How did you finance this deal?

Cash from Joint Venture partners.

How did you add value to the deal?

Full upgrade of the kitchen and bathroom.

What was the outcome?

A very nice profit.