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Updated over 3 years ago on . Most recent reply

Ryan Arsenault's profile image
Ryan Arsenault's profile image
Ryan Arsenault
  • Investor
  • from Wells, ME
  • Member since Apr 28, 2021
  • Posts 18
  • Votes 10
  • Experience 5 Yrs
  • Investments 1
Connect

User Stats

18
Posts
10
Votes
Ryan Arsenault's profile image
Ryan Arsenault's profile image
Ryan Arsenault
  • Investor
  • from Wells, ME
  • Member since Apr 28, 2021
  • Posts 18
  • Votes 10
  • Experience 5 Yrs
  • Investments 1
Connect
Ryan Arsenault
  • Investor
  • Wells, ME
10
Votes |
18
Posts
Real Estate Deal Analysis & Advice

Live-In Flip Property - Maine (first purchase)

Ryan Arsenault
  • Investor
  • Wells, ME
Posted

Investment Info:

Single-family residence fix & flip investment in Wells.

Purchase price: $384,000
Cash invested: $15,000

Live-in flip property. This is my primary residence but we've been updating the property over past year.

Updates: New appliances, all new trim and paint throughout, new carpets throughout, remodeled bathrooms and kitchen. Added outdoor patio and updated overgrown and old landscaping.

Details: Purchased at $384k, appraised at $420k, estimated ARV $510k.

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