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Updated over 2 years ago on . Most recent reply

User Stats

67
Posts
28
Votes
Branden Jordan
  • Investor
28
Votes |
67
Posts

Triple money flip opportunity

Branden Jordan
  • Investor
Posted

Investment Info:

Single-family residence fix & flip investment in Thompson Falls.

Purchase price: $15,000
Cash invested: $6,000
Sale price: $42,000

Basic rehab to get rent ready. Painted interior. Clean out was tremendous. New back deck. New floors throughout. Light landscaping. Rents for nearly $1000 as of Jan 2023.

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

Low purchase price. It was on MLS for months.

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

MLS used Realtor.

How did you finance this deal?

Cash

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