Townhouse Gut and Sell
Investment Info:
Townhouse fix & flip investment.
Purchase price: $260,000
Cash invested: $120,000
Sale price: $535,000
Complete gut, new front and rear walls, all new electric, HVAC, plumbing, roof, deck, windows, interior
What made you interested in investing in this type of deal?
Timing, interesting neighborhood
How did you find this deal and how did you negotiate it?
Broker
How did you add value to the deal?
Complete gut remodel
What was the outcome?
Lucrative
Lessons learned? Challenges?
Would have done better if not slowed down by COVID in 2020
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
PM me.
