Canton Cosmetic Flip

[Kalim Kalla]

Investment Info:

Single-family residence fix & flip investment in Canton.

Purchase price: $105,000
Cash invested: $134,000

Contributors:
Mitchell Kramer, Stone Bettersworth, Adam Polokoff, Christopher Mannella, Clay Corley, Blake Massey

Canton Cosmetic flip- This was a home we found for an investor that presented the opportunity for a cosmetic flip. Investor took a bit long to do what should have been a 2 month rehab. Nonetheless initially had our eyes set on a 165k ARV. Home is currently pending for $219,000

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

Nice spread with upside on ARV for a cosmetic flip

What was the outcome?

Sweet net profit for our investor that rehabbed the property.