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All Forum Posts by: Jamie Scott

Jamie Scott has started 6 posts and replied 6 times.

Real Estate Deal Analysis & Advice

Post: Completely outdated home

Jamie Scott
Pro Member
Posted
  • Posts 6
  • Votes 1

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $640,000
Cash invested: $150,000
Sale price: $1,050,000

Single-family home that had not been remodeled in over 30 years.

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

Low cost with a lot of potential. Great location.

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

Real Estate agent

How did you finance this deal?

VA Loan

How did you add value to the deal?

New everything

0 Votes
Real Estate Deal Analysis & Advice

Post: Rental Virginia house

Jamie Scott
Pro Member
Posted
  • Posts 6
  • Votes 1

Investment Info:

Townhouse buy & hold investment.

Purchase price: $290,000

Beautiful townhome situated by a pond.

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

Received orders to Maryland and bought a house in Woodbridge, Virginia.

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

Real Estate agent

How did you finance this deal?

VA Loan

What was the outcome?

Currently still renting.

1 Vote
Real Estate Deal Analysis & Advice

Post: First House in California

Jamie Scott
Pro Member
Posted
  • Posts 6
  • Votes 1

Investment Info:

Townhouse buy & hold investment.

Purchase price: $181,000
Cash invested: $40,000
Sale price: $510,000

Townhouse

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

This was my first house. I moved out due to military orders and began renting it out.

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

This was a foreclosure.

How did you finance this deal?

VA Loan

How did you add value to the deal?

Kitchen was remodeled, new double paned windows.

Lessons learned? Challenges?

Avoid HOAs

0 Votes
Real Estate Deal Analysis & Advice

Post: First House - California

Jamie Scott
Pro Member
Posted
  • Posts 6
  • Votes 1

Investment Info:

Townhouse buy & hold investment.

Purchase price: $181,000
Cash invested: $40,000
Sale price: $510,000

Townhouse

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

This was my first house. I moved out due to military orders and began renting it out.

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

This was a foreclosure.

How did you finance this deal?

VA Loan

How did you add value to the deal?

Kitchen was remodeled, new double paned windows.

Lessons learned? Challenges?

Avoid HOAs

0 Votes
Real Estate Deal Analysis & Advice

Post: First House - California

Jamie Scott
Pro Member
Posted
  • Posts 6
  • Votes 1

Investment Info:

Townhouse buy & hold investment.

Purchase price: $181,000
Cash invested: $40,000
Sale price: $510,000

Townhouse

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

This was my first house. I moved out due to military orders and began renting it out.

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

This was a foreclosure.

How did you finance this deal?

VA Loan

How did you add value to the deal?

Kitchen was remodeled, new double paned windows.

Lessons learned? Challenges?

Avoid HOAs

0 Votes
Real Estate Deal Analysis & Advice

Post: First House - California

Jamie Scott
Pro Member
Posted
  • Posts 6
  • Votes 1

Investment Info:

Townhouse buy & hold investment.

Purchase price: $181,000
Cash invested: $40,000
Sale price: $510,000

Townhouse

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

This was my first house. I moved out due to military orders and began renting it out.

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

This was a foreclosure.

How did you finance this deal?

VA Loan

How did you add value to the deal?

Kitchen was remodeled, new double paned windows.

Lessons learned? Challenges?

Avoid HOAs

0 Votes