All Forum Posts by: Hunter Krenek

Hi Rick,

I'm a mortgage broker who lives in Kansas City, Missouri and work primarily with early investors across the country (Licensed in all 50 states).  Our lenders are through the wholesale broker channel, so we offer many options and opportunities. It sounds like I may be able to help you out if you are interested in connecting.

Regards,

Hunter Krenek

NMLS 2119684

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $360,000
Cash invested: $121,000
Sale price: $575,000

A beautiful single family home in a desirable location - only 1 owner since it was built, and he was an architect who designed it for himself. The floor plan was very intuitive, stood the test of time, and even as a split level just made sense. The purchase price and estimated ARV allowed for a high-end flip with a midcentury modern design style. Updating this home and repurposing/redesigning the floor plan was a blast, and sold for $35k over asking in less than 12 hours!

Investment Info:

Single-family residence fix & flip investment in Kansas City.

Purchase price: $270,000
Cash invested: $65,000
Sale price: $375,000

Our first of 4 flips in 2021! This one was a great learning experience and we are very fortunate for the deal we were able to secure on the purchase end - it allowed for a few mistakes that needed correcting and cut into profit, but we ended up meeting our GC that handled the next few projects and took a lot of stress off of piecing together individual contractors.

How did you finance this deal?

Cash investor willing to fund the project and was paid back at time of sale with a % of profit to us and % to them.