Fix and flip success
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Philadelphia.
Purchase price: $432,000
Cash invested: $61,000
Sale price: $542,000
What made you interested in investing in this type of deal?
Nice profit
How did you find this deal and how did you negotiate it?
found on Google search; seller liked my proof of funds
How did you finance this deal?
private lender
How did you add value to the deal?
rehab and raised rents
What was the outcome?
Made good money
Lessons learned? Challenges?
Do more deals
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
no