Single-family residence fix & flip investment.
Purchase price: $44,900
Cash invested: $67,000
Sale price: $140,900
Bought from a wholesaler. House had been vacant for 2 years & reeked of dog pee. Everything in it was original (1950's). Was a 2/1 cape cod with unfinished attic. We finished out the 'attic' space and added a master suite with large bath and 2 walk-in closets. Sold higher than anything in that neighborhood.
@Rebecca Sequeira Wow. Congratulations on a successful flip! If you don’t mind me asking, how did you work your financing for this deal?
We used Spring Valley Bank to purchase the property, and used our own cash for the rehab. Spring Valley has been great to work with.
Nice! Congrats @Rebecca Sequeira !
Looks like a solid deal! I'm looking to branch out into the Cinncinati market (currently invest in Columbus), would you be open to connecting about neighborhoods?
Rebecca congratulations on a successful flip! I'm looking to get into the cincinnati market and would love to connect with you!
Congratulations! @Rebecca Sequeira
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