Fix and Flip-Nature's Way
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $220,000
Cash invested: $40,000
Large foreclosure-Estate Sale
What made you interested in investing in this type of deal?
Low point of entry, easy repair list, and a quick sale
How did you find this deal and how did you negotiate it?
MLS, Offered full price with large down
How did you finance this deal?
Owner Finance, 70k down
How did you add value to the deal?
Big repairs. Paint, floor, everything
What was the outcome?
Still in progress!
Lessons learned? Challenges?
Things cost way more than anticipated!
Hope this finishes well for you!
