FIrst Flip turned House Hack, freaking divorces

[Brandon Borchers]

Investment Info:

Single-family residence fix & flip investment in Port Orchard.

Purchase price: $50,000
Cash invested: $35,000
Sale price: $143,000

House Hack

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

Well obviously bigger pockets.

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

MLS purchase: Listed at $70k, offered $50k and we went mutual.

How did you finance this deal?

Credit Cards and personal loans

How did you add value to the deal?

Reconfigured Kitchen and hallway. Created a somewhat open concept. Fence and landscaping.

What was the outcome?

New profit was 54K.

Lessons learned? Challenges?

Living in a construction site can be a struggle, simply knock it out and move on to the next.