Updated over 2 years ago on .
Small Town Fixer
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $89,000
Cash invested: $20,000
Sale price: $125,000
Lived in home and fixed it up, updating kitchen, floor coverings, refinished hardwoods, painted trip, landscaping.
What made you interested in investing in this type of deal?
needed a home and could make it nicer
How did you find this deal and how did you negotiate it?
it was on the market, terrible pictures
How did you finance this deal?
conventional loan
How did you add value to the deal?
sweat equity
What was the outcome?
equity for next purchase/project
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
to purchase it yes, we sold FSBO