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Updated almost 4 years ago,

User Stats

188
Posts
186
Votes
Boone Tyson
  • Real Estate Agent
  • McAllen Texas
186
Votes |
188
Posts

Fix and flip in Harlingen, Texas

Boone Tyson
  • Real Estate Agent
  • McAllen Texas
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $135,000
Cash invested: $15,000
Sale price: $185,000

Easy fix and flip brought to us by a realtor friend. Needed a quick sale.

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

It was a simple project. Light cosmetic work only.

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

An agent brought it to us and we agreed to their desired price.

How did you finance this deal?

LOC

How did you add value to the deal?

Cosmetic rehab only

What was the outcome?

quick sale when completed.