I gave myself 90 days to find a deal and executed!

[Emillio Henry]

Investment Info:

Single-family residence fix & flip investment in Poughkeepsie.

Purchase price: $160,000
Cash invested: $200,000
Sale price: $409,500

Total gut!!! First flip and i learned sooo much for the experience.
thankfully the market went insane and i was able to make a profit even with my inexperience, BP definitely influenced all of my choices and in hindsight if i applied more of the tips i learned from listening to the podcast and reading all the books recommended i shouldn't have made half the mistakes but live and learn. on to the next one!

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

I gave myself 90 days to get a deal and i found one that made sense so i jumped on it!

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

MLS and i became a realtor a few months before so i negotiated the deal on my own, have a very helpful and understand listing agent didnt hurt either.

How did you finance this deal?

Hard money and personal funds.

How did you add value to the deal?

Complete renovation

What was the outcome?

flipped at a profit

Lessons learned? Challenges?

use quality contractors and be clear and exact about expectations and outcomes.