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Updated about 3 years ago on . Most recent reply

Paul Meyer's profile image
Paul Meyer's profile image
Paul Meyer
  • Contractor
  • from Virginia Beach, VA
  • Member since Nov 7, 2021
  • Posts 82
  • Votes 35
  • Experience 20 Yrs
  • Investments 6
Connect

User Stats

82
Posts
35
Votes
Paul Meyer's profile image
Paul Meyer's profile image
Paul Meyer
  • Contractor
  • from Virginia Beach, VA
  • Member since Nov 7, 2021
  • Posts 82
  • Votes 35
  • Experience 20 Yrs
  • Investments 6
Connect
Paul Meyer
  • Contractor
  • Virginia Beach, VA
35
Votes |
82
Posts
Real Estate Deal Analysis & Advice

Ugly house flip. Boarded up/neglected turned beauty

Paul Meyer
  • Contractor
  • Virginia Beach, VA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $82,000
Cash invested: $40,000
Sale price: $180,000

Complete gut. Exterior of home was in good condition. Interior fire damage throughout. Removed all and remodeled full interior. Kept/repaired original hardwood floors and added new in bathroom and kitchen.

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