Short term Buy and Hold.

[Mishalle Madni]

Investment Info:

Condo fix & flip investment in Columbus.

Purchase price: $90,000
Cash invested: $7,000
Sale price: $119

Bought a unit to live in while building a house, updated it and sold it a year later for a profit.

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

Area value of the property

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

MLS through a real estate agent

How did you finance this deal?

Cash

How did you add value to the deal?

Updated floors, repaint, restain, updated fixtures, an cabinet pulls

What was the outcome?

Sold for a 23K profit

Lessons learned? Challenges?

Location is key

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

None