Fix and flip turned into our home for five years!
Investment Info:
Single-family residence fix & flip investment in Bradenton.
Purchase price: $91,000
Cash invested: $50,000
Sale price: $256,000
This was BY NO MEANS a quick fix and flip.... We were both working full time and living there. 50s style home completely throughout everything was either pink or baby blue.
What made you interested in investing in this type of deal?
Seen the potential it had!
How did you find this deal and how did you negotiate it?
Our good friend was a realtor and found it right before it went onto the MLS.
How did you finance this deal?
Quicken Loans
What was the outcome?
Financial freedom
Lessons learned? Challenges?
Never live in a house that you are totally remodeling.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Ed Kinkopf with Wagner Realty Bradenton FL
Justin Shirley with Shirley International Realty Inc Sarasota FL
Most Popular Reply
- Residential Real Estate Investor
- Kansas City, MO
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Sounds like a house hack. Either way, congrats Jessica! Looks like a great profit