Buy , Fix and Hold .... Cape HomeLoved location

Buy , Fix and Hold .... Cape HomeLoved location

Dana GrantBusiness Member
Greater New York Area · Member since 2025 · 4 posts · 4 votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $665,000
Cash invested: $200,000

Remodel of 1948 Cape with Breezeway and Garage ... excellent bones in need of lots of TLC ... new Hardie Board siding, roof, gutters, windows hardwood flooring, electric rewiring, wall modifications, new kitchen cabinets and appliances, new bathroom guts

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

Loved location

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

MLS

How did you finance this deal?

Mortgage

How did you add value to the deal?

New siding, windows, roof, gutters, doors, hardwood flooring, bathroom guys, new kitchen cabinets and appliances ...

What was the outcome?

A strong vast flowing property

Lessons learned? Challenges?

Lots of moving parts ..

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

No.

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