Oviedo RockNBrews flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $210,000
Cash invested: $60,000
Sale price: $415,000
Found on the MLS by luck, tax records showed a 4/2, there was an upstairs loft that was opened up, making the property a 3/2. Simply made it another bedroom, gutted kitchen, bathrooms, replumbed (poly-bute pipes suck), refinished pool surface, LVP on all flooring and repainted. Contractor was in and out in 3 weeks, 1 week on market and out with a solid profit.
What made you interested in investing in this type of deal?
Potential for a solid return
How did you find this deal and how did you negotiate it?
MLS, negotiated with agent, all cash
How did you finance this deal?
All cash, personal