- Mechanical Drafter
- Allegan, MI
- Votes |
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $12,000
Sale price: $165,000
Was a live in flip property that I held for two years. Super proud of this one because I work a full time job while working on this property teaching myself a ton of skills. Will added pictures soon.
What made you interested in investing in this type of deal?
Saw a house with a lot of potential in a perfect neighborhood that was listed below market value on the mls.
How did you find this deal and how did you negotiate it?
Found it on the mls and I used an agent.
How did you finance this deal?
It was a conventional financing
How did you add value to the deal?
What was the outcome?
Brand new house that sold right away.
Lessons learned? Challenges?
Don't over do a project and you can do anything you want to if you try.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes! I work with Justin Blacklock from Exp. He has the same mindset and goals that I had with my real estate investing.