Sold! Upstate New York

[Cassandra Barr]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $42,500
Cash invested: $42,500
Sale price: $100,000

Foreclosure home

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

The right place at the right time. Everything just fell into place perfectly.

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

Auction.com

How did you finance this deal?

Cash

How did you add value to the deal?

We did nothing to this property prior to selling.

What was the outcome?

Sold as is with a net of $50k

Lessons learned? Challenges?

We have learned that not all deals will be this easy!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No