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Updated 1 day ago on . Most recent reply

User Stats

9
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3
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Mark Prather
  • St Charles county MO
3
Votes |
9
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1st rehab & resell

Mark Prather
  • St Charles county MO
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $250,000
Sale price: $365,000

This was the first one for me. I purchased with 100% personal funds, which tied up nearly all of my cash. Unfortunately, I didn't have enough cash on hand to start the 2nd rehab until this one sold. I quickly switched to using hard and private money lenders in order to keep the investing cycle moving

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