Updated almost 3 years ago on . Most recent reply
loan needed fix and flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $49,000
Cash invested: $12,000
Sale price: $49,000
1040-Hearn-St_Blytheville_AR_72315
closing on buy side dec 28 2022 need 40k loan
What made you interested in investing in this type of deal?
seams like a great house to little money buying equity and could help new home owners buy offering new first mortgage
How did you find this deal and how did you negotiate it?
on line live auction banks auctioning off post foreclosure short sale for below marlet pricing
How did you finance this deal?
shopping for financing now i have 12k need 40k loan asap
How did you add value to the deal?
arv 150k
What was the outcome?
on it now
Lessons learned? Challenges?
have cah or cash loan lined up before shopping
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
yes
