First Chandler, AZ Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $420,000
Cash invested: $40,000
Sale price: $519,000
This was one of my first flips that I took on in June of last year!
What made you interested in investing in this type of deal?
The purchase price and the condition of the home.
How did you find this deal and how did you negotiate it?
I do text marketing and came across this seller that was wanting to leave AZ and head to NC.
How did you finance this deal?
Hard Money Lender
How did you add value to the deal?
Completely updated the interior of the home and made it to market standard.
What was the outcome?
I made around 12% on this deal.
Lessons learned? Challenges?
People love homes on the golf course.
