Location location location

[Timothy White]

Investment Info:

Single-family residence fix & flip investment in Belmont.

Purchase price: $601,000
Cash invested: $120,000
Sale price: $1,300,000

This gem needed some love and care . The corner lot and town where prime neighborhood with one of the best school systems in mass. Location matters which brought in the great return

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

Triple A location with best schools

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

Drive by

How did you finance this deal?

Conventional with HELOC from other properties

How did you add value to the deal?

Intense internal cosmetic and top tier landscapping

What was the outcome?

Excellent return on investment

Lessons learned? Challenges?

Be patient finding the deal and polishing it

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

Coldwell