Updated almost 4 years ago on . Most recent reply
My first investment property
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $36,000
Cash invested: $20,000
Sale price: $96,000
first investment home
What made you interested in investing in this type of deal?
great neighborhood plus numbers made sense
How did you find this deal and how did you negotiate it?
I work with an agent
How did you finance this deal?
Cash
How did you add value to the deal?
No brainer
What was the outcome?
Great investment
Lessons learned? Challenges?
Time is very important
finding the right contractor
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
yes