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Updated about 5 years ago on . Most recent reply

User Stats

16
Posts
13
Votes
Donovan Clock
  • Rental Property Investor
  • Fowlerville, MI
13
Votes |
16
Posts

Lansing fix and flip

Donovan Clock
  • Rental Property Investor
  • Fowlerville, MI
Posted

Investment Info:

Single-family residence fix & flip investment in Lansing.

Purchase price: $65,000
Cash invested: $29,000
Sale price: $145,000

Contributors:
Alexis Gross

Renovated the first floor, finished the basement, converted carport into a garage and painted the house. Also added new windows and furnace.

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

Easy to buy and sell

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

MLS. Offered asking

How did you finance this deal?

Private money

How did you add value to the deal?

Rehab

What was the outcome?

Sold for 145,000

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Alexis gross - Realestate agent

Most Popular Reply

User Stats

1,571
Posts
1,012
Votes
Matthew Crivelli
  • Lender
  • Massachusetts
1,012
Votes |
1,571
Posts
Matthew Crivelli
  • Lender
  • Massachusetts
Replied

 Nice Flip Donovan. Always good to hear about successful flips! 

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Freedom Capital Funding, LLC
5.0 stars
21 Reviews

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