Single-family residence fix & flip investment.
Purchase price: $240,000
Cash invested: $85,000
Sale price: $388,000
Full remodel plus repair in-ground ducting; sales desc: Remarkable transformation of this Harrison Eugene Smith build; a timeless classic located in popular far NE Heights. This beauty sits on an over-sized lot with front and back covered patios. New open plan design with modern, bold, and dramatic custom details throughout. All rooms easy to access on one main level. Renovated with new TPO roof, refrigerated air/ furnace, carriage house garage door, large windows, engineered wood flooring, new
What made you interested in investing in this type of deal?
Popular area and home appeared to be mostly cosmetic
How did you find this deal and how did you negotiate it?
How did you finance this deal?
Commercial loan and Heloc
Lessons learned? Challenges?
repair cost ended up being much more than anticipated; area also required better understanding of the type of Buyer
Congratulations on this flip. Do you have before and after shots?
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