Updated almost 3 years ago on . Most recent reply
Here is our current Fix & flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $142,500
Cash invested: $38,000
This is a fix and flip property we are currently working on
What made you interested in investing in this type of deal?
This was a property that was under repair from the previous owners who realized they were in over their heads.
How did you find this deal and how did you negotiate it?
We found this deal on the MLS and actually offered slightly over list price because the numbers still worked
How did you finance this deal?
We financed through a hard money lender
How did you add value to the deal?
We are adding a bathroom, and redoing the current bath. Fixing structural issues as well as cosmetic fixes.
