Updated almost 2 years ago on . Most recent reply
Fixer Upper in Arkansas
Investment Info:
Single-family residence wholesale investment.
Purchase price: $50,000
Cash invested: $40,000
Sale price: $47,500
Cute investment property and handyman project in a small town in Arkansas. Property needs work.
Sq ft 1218, 3 bd/1 bath. asking 47.5K, Repairs approximately 40K, ARV: 150.
What made you interested in investing in this type of deal?
Low acquisition price, medium investment cost.
How did you find this deal and how did you negotiate it?
I used a local Agent.
How did you finance this deal?
Hard money.
How did you add value to the deal?
Negotiated best price.
What was the outcome?
Got a better price.
