Updated about 3 years ago on . Most recent reply
Chicago West Pullman Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $110,000
Cash invested: $27,249
Sale price: $205,000
This property was a foreclosure. Majority of the work has been already completed. There was mold in the basement due to a flooding issue.
What made you interested in investing in this type of deal?
Mold is gold. Great block. Close to expressway. Brick split ranch with 3 bedrooms and 3 bathroom.
How did you find this deal and how did you negotiate it?
ClickInvest
How did you finance this deal?
Finance of America
How did you add value to the deal?
Remodeled the basement- mold remediation. Remolded the first floor. New kitchen, new flooring at basement and first floor, and fresh paint.
What was the outcome?
Great house for the new home owner.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Finance of America and ClickInvest
