Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,150,000
Cash invested: $125,460
Sale price: $2,210,000

This investment exemplifies a standout fix-and-flip project in a premium market, blending strategic acquisition with transformative redevelopment. Purchased for $1,150,000 in October 2019 as a distressed short sale, the property was fully rebuilt and sold for $2,210,000 in May 2020. With a total cash investment of $125,460 and a net profit of $868,240, this 6.7-month project.

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

We have been targeting deals like this since 2008

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

Pre-foreclosure & purchased as a short sale

How did you finance this deal?

Cash & Hard Money

How did you add value to the deal?

Complete Remodel

What was the outcome?

Success