1 of my Properties

1 of my Properties

Developer · Marietta GA · Member since 2024 · 6 posts · 2 votes

Investment Info:

Single-family residence fix & flip investment in Success.

Purchase price: $55,000
Cash invested: $25,000
Sale price: $119,000

Bought at around $50k
Fixed up at around $20k
Sold at $120k

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

Fix & Flip opportunity.

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

Word of Mouth.

How did you finance this deal?

JV partners.

How did you add value to the deal?

Renovated

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Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
1y
Quote from @John Perkins:

Investment Info:

Single-family residence fix & flip investment in Success.

Purchase price: $55,000
Cash invested: $25,000
Sale price: $119,000

Bought at around $50k
Fixed up at around $20k
Sold at $120k

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

Fix & Flip opportunity.

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

Word of Mouth.

How did you finance this deal?

JV partners.

How did you add value to the deal?

Renovated

Good job! Love to see success.
See this reply in the discussion

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  • Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    1y
    Quote from @John Perkins:

    Investment Info:

    Single-family residence fix & flip investment in Success.

    Purchase price: $55,000
    Cash invested: $25,000
    Sale price: $119,000

    Bought at around $50k
    Fixed up at around $20k
    Sold at $120k

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

    Fix & Flip opportunity.

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

    Word of Mouth.

    How did you finance this deal?

    JV partners.

    How did you add value to the deal?

    Renovated

    Good job! Love to see success.
  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
    1y
    Quote from @John Perkins:

    Investment Info:

    Single-family residence fix & flip investment in Success.

    Purchase price: $55,000
    Cash invested: $25,000
    Sale price: $119,000

    Bought at around $50k
    Fixed up at around $20k
    Sold at $120k

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

    Fix & Flip opportunity.

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

    Word of Mouth.

    How did you finance this deal?

    JV partners.

    How did you add value to the deal?

    Renovated

    Hey @John Perkins, welcome to the BP Forum and nice work! Are you looking to do more and similar flips?

  • Developer · Marietta GA · Member since 2024 · 6 posts · 2 votes
    1y

    Yes I am! 

    What do you have in mind?

  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
    1y
    Quote from @John Perkins:

    Yes I am! 

    What do you have in mind?

     @John Perkins Help you find lenders that can increase your profitability on your projects and perhaps help you scale! This can also work with long-term rentals if you end up wanting to do that.

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