31111 Lyndale Pl Washingotn DC 20019

[Johnny Lynum]

Investment Info:

Townhouse fix & flip investment.

Purchase price: $290,000
Cash invested: $31,372
Sale price: $360,000

DC Townhouse Wholetail Deal

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

Referral

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

It was a refferral from a friend

How did you finance this deal?

Hard money

How did you add value to the deal?

We relisted on mls after closing.

What was the outcome?

It took about 5 months to close with a FHA/203K buyer.

Lessons learned? Challenges?

There are still deals to made even in a high interest rate environment.

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

I worked Hornet Capital which lends to Veterans.