Single Family Home

[Gregory Coop]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $357,000
Cash invested: $123,000
Sale price: $589,900

Four Bedroom/3 Bathroom single family home acquired in November 2022, renovated to high standards, and sold in July of 2023 at a $110,000 Profit.

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

Property in highly desirable area of Chicago, with fast and strong investment return.

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

Acquired through Auction process.

How did you finance this deal?

Private Investor

[Jonathan Klemm]

Hey there @Gregory Coop - Awesome deal and congrats on your success!  

What highly desirable area of Chicago was the property in?

I'd love to hear more about the auction process and how that went for you?  Was that your first auction-purchased property?  Was it site unseen?