Flip on the golf course

[Chad Nabors]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $85,000
Cash invested: $100,000
Sale price: $275,000

Flip on hole #2 at a local golf club in Dayton, OH.

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

The home sits on a private drive with 1.25 acres on hole # 2 of a local golf course. I knew it would be a very highly sought after lot.

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

wholesale

How did you finance this deal?

private money

How did you add value to the deal?

I added a 4th bedroom in the garage making this home a 4 bed 2 bath.

Lessons learned? Challenges?

Added an addition is a ton of expense but I think the master bedroom addition made this home sell at the price it did.