Just completed another flip!

[Jordan Wright]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $24,000
Cash invested: $150,000
Sale price: $230,000

One floor house with open floor plan. Great quality construction with granite countertops and high ceilings. New Hardwood flooring throughout. Primary Bedroom has vaulted ceiling with a spacious bathroom, great remodeled walk-in closet.

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

The potential upside

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

I actually had this deal brought to me. Just getting your name out there to people letting them know you are looking is a great way.

How did you finance this deal?

I refinanced one of my rental properties in a BRRR and used the cash from that to renovate this deal.

Lessons learned? Challenges?

I have learned that I now need to find reliable contractors. This rehab took 10 months partly because I got deployed halfway through the process and partly because my contractors weren't reliable.

[Nick Gill]

Nice work! Reliable contractors are key but also reliable supply lines and prices. You have been pretty nervous. What was the timeline?