Updated about 2 years ago on .
The 2 Doors i Hate i sold ๐๏ธ
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $50,000
Cash invested: $33,000
Sale price: $133,000
"Experience exceptional investment returns with us! We acquired this duplex at a remarkable 66% of its after-repair value, investing in a full renovation to maximize its potential. Currently leased to Section 8 tenants, it generates a steady monthly gross income of $1,645. Our strategic approach resulted in a lucrative sale on the MLS for $133,000, yielding a handsome profit of $27,000. Now, we're seeking private investors interested in earning impressive returns of 8% to 10% on their capital. Let's discuss how we can partner for mutual success."
What made you interested in investing in this type of deal?
Originally contracted to wholesale this Dulpex all offers were coming in low so we took it down with hard money and fix and flipped it
How did you find this deal and how did you negotiate it?
Lead came in off a bandit sign
How did you finance this deal?
Hard money
How did you add value to the deal?
Full renovated it
What was the outcome?
sold for a $27,857.11
Lessons learned? Challenges?
insulate the crawl space to stop rising moisture
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes we did
