Updated over 2 years ago on .
100% financed flip done in 60 days.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $32,000
Cash invested: $72,000
Sale price: $115,000
Contributors:
Thomas Latuga
Equity partner on this deal. We brought 100% of the financing (cash to close plus rehab and holding), our partner found the deal and managed the home. We split profits 50/50. Would fund this deal all day everyday.
This flipper approached us on this deal. He has a serious track record and the deal was at or below the 70% rule. We connected and signed a JV as money partner and deal provider. Win win!
