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Updated about 2 years ago on .

User Stats

4
Posts
7
Votes
John Hagen
  • Realtor
  • Fargo, ND
7
Votes |
4
Posts

Single Family - Live In Rehab

John Hagen
  • Realtor
  • Fargo, ND
Posted

Investment Info:

Single-family residence fix & flip investment.

Live in rehab. Bought single family property off market to live in and update. Did quite a bit of updating before moving in, working on the rest while living in the home.

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

Tax advantages.

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

Seller called from a sign 5 years prior. Kept in contact with him. He called me when he planned to sell.

How did you finance this deal?

Cash

How did you add value to the deal?

Updating property

Lessons learned? Challenges?

Hard to update a home while working full time and family living in the home.