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Updated almost 3 years ago on . Most recent reply

User Stats

23
Posts
11
Votes
Jonathan Julian
11
Votes |
23
Posts

Flip #2, Rocklin CA.

Jonathan Julian
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $315,000
Cash invested: $100,000
Sale price: $645,000

https://youtu.be/KuE9hIkaD-A

Home was acquired through direct mail campaign. Home had major work/clean up needed. Owner behind 75k in property taxes.

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

Money Velocity

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

Direct mail + Tax Lien Sale

How did you finance this deal?

Hard Money

How did you add value to the deal?

Clean up mountains of trash, and update items

Lessons learned? Challenges?

No Partners

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