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Updated almost 3 years ago on .

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3
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Peder Halseide
0
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3
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Next Steps for this property?

Peder Halseide
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $350,000
Cash invested: $120,000

lots of options here, trying to refi, cash flow is positive, need a good developer or investor to coach me on next steps.

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

I think I might be able to do an assemblage here.

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

Owner approached me, I live across street.

How did you finance this deal?

Cash + Hard Money

How did you add value to the deal?

Replaced roof and siding, new paint inside and out.

What was the outcome?

Pending. Lots of options

Lessons learned? Challenges?

Harder to re-fi than I expected. Need a good visionary person to get this to the next level, i think there is 2-5X in this still.