First Fix & Flip in Waco, Texas

[Kyle Robarts]

Investment Info:

Single-family residence fix & flip investment in Waco.

Purchase price: $70,000
Cash invested: $80,000

4/1 converting to 3/2
Full Rehab
Upgraded electricity, plumbing, added HVAC, new roof, all new walls, sub floor, flooring, opened up living/dining/kitchen into one large area ...

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

Initially wanted to BRRRR after a successful first project, but decided to flip after moving to real estate investing full time

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

MLS - negotiated thru a buyer's agent

How did you finance this deal?

Private Money Loan, HELOC and personal Cash for rehab

How did you add value to the deal?

4/1 converting to 3/2
Full Rehab
Upgraded electricity, plumbing, added HVAC, new roof, all new walls, sub floor, flooring, opened up living/dining/kitchen into one large area ...

What was the outcome?

Hope to list on the week of 9/20/21