Stockbridge mi fix and flip

[Donovan Clock]

Investment Info:

Single-family residence fix & flip investment in Stockbridge.

Purchase price: $98,000
Cash invested: $45,000
Sale price: $197,000

Contributors:
Alexis Gross

Complete gut on this 1930 craftsmen style home. Remodeled everything. Including refinishing the original 90 year old hardwood floors.

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

Close to home, good money maker

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

Mls offered asking

How did you finance this deal?

Conventional mortgage partners heloc for Reno

How did you add value to the deal?

Complete rehab added ac new siding too

What was the outcome?

After a couple buyers fell through, we sold at 197,000

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

Alexis gross our realtor Is great, highly recommend