Skip to content
Real Estate Deal Analysis & Advice

User Stats

57
Posts
32
Votes
Julie Berks
Pro Member
  • Specialist
  • Littleton, CO
32
Votes |
57
Posts

Offer Market Deal in Littleton, CO

Julie Berks
Pro Member
  • Specialist
  • Littleton, CO
Posted Apr 20 2021, 12:40

Investment Info:

Single-family residence fix & flip investment in Littleton.

Purchase price: $380,000

This property was an off market deal. It has been a great learning experience! 

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

We wanted to challenge ourselves with an off market deal and full gut renovation.

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

We found this deal from networking and talking to everyone about our search criteria. We negotiated over 5 months and many conversations.

How did you finance this deal?

VA Loan

How did you add value to the deal?

This project was a total gut reno and hope to finish the basement along with adding an extra bed and bath.

What was the outcome?

Still working hard everyday.

Lessons learned? Challenges?

So many lessons learned and challenges: negotiations with Seller and contractors; timeline delays due to COVID; learning to live in a flip with 2 young kids!

Loading replies...