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Updated almost 4 years ago on . Most recent reply

User Stats

6
Posts
4
Votes
Carl Manning
  • Flipper/Rehabber
  • Lancaster City PA
4
Votes |
6
Posts

1st Flip House - Success!

Carl Manning
  • Flipper/Rehabber
  • Lancaster City PA
Posted

Investment Info:

Single-family residence fix & flip investment in Stewartstown.

Purchase price: $105,000
Cash invested: $145,000
Sale price: $210,000

210000 is ARV. House is in the construction phase at the moment with a 40K construction budget.

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

Wholesaler - I'm on the look out for good wholesalers

How did you finance this deal?

Hard money loan

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