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Updated over 2 years ago on . Most recent reply

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Michael Lynch
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Second Flip for me, bought this one better.

Michael Lynch
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $210,000
Cash invested: $68,000
Sale price: $350,000

Re-configured several rooms in the house, created a room out of an old garage, created a bathroom out of a 3 season porch. Turned house from 2 bedroom 1.5 bath, to 3 bedroom, 2.5 bath. Took 4 months of my free time to finish, plus a couple of months for the town to inspect the new septic.

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

I enjoy working with my hands. Always wanted to test my skills as a craftsman.

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