From Bright Orange to Nice Blue and Grey
2 Replies
Jose Campos
Rental Property Investor from San Antonio, TX
posted about 1 month ago
Investment Info:
Single-family residence fix & flip investment in San Antonio.
Purchase price: $84,000
Cash invested: $45,000
Sale price: $165,000
Full rehab fix and flip
What made you interested in investing in this type of deal?
Agent found it and we believed quick fix and flip
How did you find this deal and how did you negotiate it?
Off market buy
How did you finance this deal?
Cash
How did you add value to the deal?
Flipped and added sq. ft!
What was the outcome?
Longer holding time than expected or wanted but still sold and made profit
Lessons learned? Challenges?
Contractors good contractors are key!!!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Personal contacts
Dmitriy Fomichenko
Solo 401k Expert from Anaheim Hills, CA
replied about 1 month ago
@Jose Campos thanks for sharing!
Alexis Schreier
Rental Property Investor from San Francisco, CA
replied about 1 month ago
@Jose Campos nicely done. I'm curious why you say that good contractors are key. Did you have any trouble working with them? Any highlights?
Also, would love to see some pics!
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