FIx & Flip Purchase - Final Purchase of 2024

[Cassidy Burns]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $55,000

Fix and Flip Purchase. Lead was brought to us through Facebook sphere. $25,000 rehab budget, will have on the market in less than 45 days

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

100% Financing on acquit ion + construction. Will have cosmetic rehab complete in less than 45 days

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

Facebook Sphere

How did you finance this deal?

Hard Money Lender 100% LTC

How did you add value to the deal?

Bought under assessed value, slight value add through cosmetic rehab (paint, light fixtures, flooring)

What was the outcome?

Projected Profit: $25,000.

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

Cassidy Burns and BPG Residential