All Forum Posts by: Alec Anderson

Investment Info:

Other wholesale investment.

Sale price: $220,000

This was 6 acres of land with amazing views in a great part of Chattanooga

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $101,000
Cash invested: $30,000

Bought subject-to and refinanced after rehabbing. Appraised for 165k at the time but probably worth closer to 200k now that better comps have come out

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $93,000
Cash invested: $70,000
Sale price: $250,000

This one was hit by the easter 2020 tornadoes in Chattanooga. Wasn't damaged too terribly but the owner had gotten a check from insurance and was motivated to sell and move on

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $85,000
Cash invested: $10,000
Sale price: $121,000

Bought with the intentions to flip it, but I ended up cleaning it out and putting a new roof on and then selling to another investor

Investment Info:

Single-family residence wholesale investment.

Sale price: $85,000

Package of 3 rented houses in a D class area. This was right after covid shut everything down and investors were still waiting to see what would happen to the market

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $59,000
Cash invested: $70,000
Sale price: $172,500

I had a sign in a property I was flipping and a wholesaler called me from it, with this deal. This one ended up having a lot of unforeseen expenses pop up but we still did alright on it.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $40,000
Cash invested: $55,000
Sale price: $175,000

Bought this with the intention to keep as a rental, but the market got very hot and I was able to sell for 30k higher than the initial ARV that I began with

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $82,000
Cash invested: $50,000

Another subject-to purchase, ended up refinancing to get the seller's mortgage paid off after rehab

Investment Info:

Single-family residence wholesale investment.

Sale price: $15,000

Small house in need of a full rehab but the bones were good

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $40,000
Cash invested: $87,000
Sale price: $217,000

Biggest project up til this point. A tree had fallen on the garage and we had to reframe it and turned it into a large master suite.