Single-family residence fix & flip investment in Liverpool.
Purchase price: $35,000
Cash invested: $50,000
Sale price: $135,000
Bad foundation. Huge profits. Hired best structural engineering firm in the city and they issued letter of satisfactory. Multiple home inspectors killed the deal. Sold and made profit.
What made you interested in investing in this type of deal?
How did you find this deal and how did you negotiate it?
creative marketing and then used people skills to make the deal...that easy
How did you finance this deal?
My own money
How did you add value to the deal?
What was the outcome?
It was a money maker
Lessons learned? Challenges?
second guess foundation issues
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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