Rent, Fix, than Flip

[Ryan Gray]

Investment Info:

Single-family residence fix & flip investment in Bloomer.

Purchase price: $45,000
Cash invested: $9,000

The plan is to rent the home to the current tenant for 1 year at $600 a month and then fix up the outside and sell.

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

We were buying a triplex from the seller and asked if they would consider selling any other property.