Updated over 1 year ago on . Most recent reply
Fix/Flip Property SATX
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $200,000
Cash invested: $15,000
Sale price: $260,000
Purchased a cosmetic flip, invested about 8k in repairs, and a couple thousand for using a HML, listed on market and received multiple offers all above asking price.
What made you interested in investing in this type of deal?
It was a quick flip and I saw the opportunity
How did you find this deal and how did you negotiate it?
A wholesaler
How did you finance this deal?
Hard Money
How did you add value to the deal?
reapaint, demo above ground pool, restain fence and restain deck, good cleaning, and staging
What was the outcome?
Multiple offers above list price
- Alyssa Marquez