Good little flip

[Cody Harris]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $275,000
Cash invested: $25,000
Sale price: $387,000

Bought, renovated entire house. resold.

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

It was a newer house, in good shape, with profit potential.

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

Auction. Went to the auction and bid on it.

How did you finance this deal?

Cash

How did you add value to the deal?

Renovated the whole house

What was the outcome?

Good return on investment.

Lessons learned? Challenges?

It actually went really smooth believe it or not haha

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My wife listed the house.