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9
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2
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Ramon A Gomez
  • Real Estate Agent
  • Midland, TX
2
Votes |
9
Posts

Old Midland from REO to Listed

Ramon A Gomez
  • Real Estate Agent
  • Midland, TX
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $200,000
Cash invested: $145,000
Sale price: $430,000

Old Midland Charm From REO to Luxury 4/3/2

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

The numbers made sense.

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

MLS property was priced well got to it very quickly.

How did you finance this deal?

Hard money

How did you add value to the deal?

Completly updated home to neighborhood standards.

What was the outcome?

Beautiful home learned a ton!

Lessons learned? Challenges?

Everything always takes longer than expected.

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

Accelerated funding for hard money.

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