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Ley Nezifort
  • Rental Property Investor
  • Brooklyn, NY
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104
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Beautiful Flip in South Philadelphia

Ley Nezifort
  • Rental Property Investor
  • Brooklyn, NY
Posted Jan 25 2022, 20:30

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $160,000
Cash invested: $40,000
Sale price: $187,500

Three beds 1 bath row-home in a nice block in South Philly. We picked up this deal from a good colleague of ours. Actually went to see it twice before pulling the trigger on it. We ended up keeping it as a three bedroom, but added a new half bath downstairs for usability.

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

Short-Term, low risk

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

Off Market

How did you finance this deal?

Hard Money

How did you add value to the deal?

Full Gut renovation

What was the outcome?

Sold for nearly $40k over ask

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