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Updated over 3 years ago,
SFH - 4 bed 2.5 bath 2 car garage
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $280,000
Cash invested: $15,000
Sale price: $330,000
Renovated and Rehabbed
What made you interested in investing in this type of deal?
Lived in it while rehabbing in a great family neighborhood
How did you find this deal and how did you negotiate it?
Shopping
How did you finance this deal?
Financed it my self
How did you add value to the deal?
Renovated the whole kitchen, opened up living spaces, finished the basement, exterior upgrades
What was the outcome?
healthy sized sale price, New top price for the area
Lessons learned? Challenges?
seek financing to fund rehabs vs using all my funds to do so.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Mandy from Redfin in Frederick, MD was a great resource in the sale.
Thank you for sharing. Enjoy seeing the success stories!