My first fix and flip

[Matt Striebe]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $325,000
Cash invested: $80,000
Sale price: $500,000

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

My first fix and flip

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

MLS

How did you finance this deal?

Traditional down payment and mortage

How did you add value to the deal?

Remodeled the entire home and added sq ft and a bathroom

What was the outcome?

Overall a great experience, looking to do more

Lessons learned? Challenges?

Tried to do too much of the renovation myself. Time is money!