Investment Info:
Single-family residence fix & flip investment.
Purchase price: $220,000
Cash invested: $75,000
Sale price: $300,000
Beautiful 4Br 3 bath 2200sft Single family residence uplifted to its glory, and contemporary design and style.
What made you interested in investing in this type of deal?
Return on investment, with security of a safe neighborhood.
How did you find this deal and how did you negotiate it?
Auction property
How did you finance this deal?
Seller financing and self
How did you add value to the deal?
Remodeling and addressing the current market demand.
What was the outcome?
Updated kitchen, bath, floor, appliances, paint, backyard.
Lessons learned? Challenges?
Hire the right contractor, and time boxing.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Manas mishra- Realtor-317 432 7083 when you want to invest, improve and insure in reality.