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Updated over 3 years ago on . Most recent reply
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Paris, Texas Property
Investment Info:
Single-family residence fix & flip investment in Paris.
Purchase price: $6,000
Cash invested: $10,000
Sale price: $44,500
3Bed 2Bath 1Car
What made you interested in investing in this type of deal?
Great Deal!
How did you find this deal and how did you negotiate it?
Fannie Mae Repo
How did you finance this deal?
Cash
How did you add value to the deal?
Updated: New kitchen cabinet, new bath vanities, new doors, new flooring throughout, new roof, new ceiling fans, new water fixtures, new light fixtures, new paint throughout inside and outside!
What was the outcome?
Sold for great profit!
Lessons learned? Challenges?
Use a Realtor
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor on the purchase from Fannie Mae