Fire Damaged to Stunning 5 bd 3/5 bath

[Keith Bell]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $150,000
Cash invested: $120,000

Current fix and flip project. Fire damaged house. 5/2 being converted to 5/3.5.

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

Wanted to take on a new challenge for a bigger return.

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

Deal found via MLS.
Used Buyer's Agent to offer and negotiate.

How did you finance this deal?

Hard Money

How did you add value to the deal?

Taking a fire damaged home and turning it into a beautiful livable home.

Lessons learned? Challenges?

Pull permits as soon as possible.
Currently awaiting building permit to be issued.

Power company cut power line above and won't turn it on unless permits are used.