2nd Project: 2023 N 79th Pl

[Denyse Nixon]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $424,900
Cash invested: $100,000
Sale price: $590,000

Beautifully updated home in fantastic location! This 3 bed 2 bath got a complete make over; new kitchen with stainless steel appliances, new double pane windows, tile throughout, air ducts replaced and ceiling raised, updated plumbing in bathrooms, kitchen and laundry, luxurious and spacious bathrooms, and so much more to list! Centrally located between Old Town Scottsdale and Tempe Marketplace. Very close to loop 101 and 202!

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

Great location, neighborhood and potential

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

Wholesaler, off market

How did you finance this deal?

Hard money lender and private investors

How did you add value to the deal?

Full home remodel including electrical, plumbing, and HVAC.

What was the outcome?

Great investment and profit.

Lessons learned? Challenges?

Finding the right contractors to get the job done within budget and on time

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes. Theresa Marquez from DeLex Realty