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Real Estate Deal Analysis & Advice

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28
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Vincent Reid
  • Real Estate Broker
  • Lexington, SC
14
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28
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First flip Columbus ohio

Vincent Reid
  • Real Estate Broker
  • Lexington, SC
Posted Dec 18 2018, 12:22

Investment Info:

Single-family residence fix & flip investment in Columbus.

Purchase price: $40,000
Cash invested: $60,000
Sale price: $85,500

New roof, kit, bath, carpet, paint, etc

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

HGTV lol!!!

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

I used an agent before I became one.

How did you finance this deal?

Cash

How did you add value to the deal?

Total rehab

What was the outcome?

We held it longer than we should, but it made money in the end.

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