We Flipped a Phoenix Home we call Shutter House

[Chris Risi]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $375,000
Cash invested: $110,000
Sale price: $647,000

Complete remodel on this one

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

My business model has been to fix and flip enough homes to save up money for rentals.

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

Wholesaler tied up this deal and flipped it to me for a fee.

How did you finance this deal?

Hard money and HELOC