Updated almost 4 years ago on .
fix and flip from distance
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $92,000
Cash invested: $44,500
Sale price: $208,500
https://www.zillow.com/homes/4208-Delwood-Ave-Odessa,-TX-79762_rb/50459721_zpid/
What made you interested in investing in this type of deal?
Low time required and good margins
How did you find this deal and how did you negotiate it?
wholesaler
How did you finance this deal?
Private money, 12%
How did you add value to the deal?
good GC, able to do a good remodel.
What was the outcome?
45k flip profit
Lessons learned? Challenges?
get a checklist for things on my end