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Updated over 3 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Danny Garcia
  • Real Estate Investor
  • San Antonio, TX
1
Votes |
5
Posts

Churchil Estates Fix and Flip

Danny Garcia
  • Real Estate Investor
  • San Antonio, TX
Posted

Investment Info:

Single-family residence fix & flip investment in San Antonio.

Purchase price: $195,000
Cash invested: $50,000
Sale price: $305,000

We got rid a dangerous spiral staircase and added open faced staircase to keep the open feel concept. We also added LVP flooring, quartz countertops and gave the rest of the house a facelift.

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

The high ceilings, school district and floor plan made this deal real attractive.

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

I bought this one from a wholesaler.

How did you finance this deal?

Hard money for the purchase and cash on the renovation.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Maggie Wilmoth, Keller Williams

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