SFH fix & flip, bought from the bank

[Ben Yeshurun]

Investment Info:

Single-family residence fix & flip investment in Milwaukee.

Purchase price: $61,000
Cash invested: $82,400
Sale price: $200,000

Bought the house from the bank.
It was a total makeover.

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

Buying from Auction.com for my first time

How did you finance this deal?

CASH

What was the outcome?

25%-30% profit

Lessons learned? Challenges?

Having a house close to a river is not only a good thing - people are scared of floods.
The importance of the size of the basement.
Which houses should get staged.