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Real Estate Deal Analysis & Advice

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Vincent Khristov
Pro Member
  • Investor
  • Dallas
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7
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Pinellas Park Single Family Fix and Flip

Vincent Khristov
Pro Member
  • Investor
  • Dallas
Posted Jan 22 2021, 01:51

Investment Info:

Single-family residence fix & flip investment in Pinellas Park.

Purchase price: $66,500
Cash invested: $29,000
Sale price: $148,500

Single Family Flip with a Partner

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

Business Partners who do Fix and Flip Opportunities

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

Business Partners: Wholesale Seller

How did you finance this deal?

Cash

How did you add value to the deal?

Interior Remodel, New Bathrooms, A/C, Roof Repair, Paint and and Landscape

What was the outcome?

Good profit for the flip and cash invested, but took longer then expected.

Lessons learned? Challenges?

Permitting took longer than expected.

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