First house flip

[Elaine Jackson]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $149,000
Cash invested: $149,000

3/2 block house .60 acres

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

Sound construction, below market price

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

Zillow, negotiate through realtor

How did you finance this deal?

Cash

How did you add value to the deal?

Updating bathrooms, floors, paint, kitchen

What was the outcome?

Unknown

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Joyce Davis Interlachen Realty

[Joseph Bui]

What market did you buy this property? Would be very curious of your resale price when you are complete. I'm working on my first flip in Detroit right now. Still under rehab. I'm nervous, but I my numbers are solid. We shall see.