FARMHOUSE FLIP in Milton Georgia
VIEW THE FLIP BEFORE & AFTER'S ON YOUTUBE.
Investment Info:
Single-family residence fix & flip investment in Milton.
Purchase price: $357,000
Cash invested: $220,000
Sale price: $762,500
Our pandemic project full of anxiety driven by the pandemic. We pushed forward through many obstacles and made it to the finish line. Love the final result!
What made you interested in investing in this type of deal?
We love taking beaten up homes and giving them new life. Thought the numbers looked great as well!
How did you find this deal and how did you negotiate it?
MLS. I'm a realtor.
How did you finance this deal?
Hard Money.
How did you add value to the deal?
Aside from replacing basically the entire home, there is unique detailed trim work through out the home - in every room.
What was the outcome?
Sold the house word of mouth 2 months before we were done.
Lessons learned? Challenges?
Be very careful with contractors and don't buy a fixer upper prior to a pandemic.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yep!...myself. :)
