Single-family residence fix & flip investment in El Paso.
Purchase price: $148,000
Cash invested: $25,000
Westside sub to flip. Easily the highest sales price flip we have done.
What made you interested in investing in this type of deal?
Rehab is close to starting, just need to finish.
How did you find this deal and how did you negotiate it?
Organic facebook lead.
How did you finance this deal?
subject to existing financing
How did you add value to the deal?
finished the rehab and fixed a few... inexperienced errors the previous owner had made.
Lessons learned? Challenges?
LPV does not go anywhere there is water OR on stairs.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Blake Hitchcock is my realtor for the listing.
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