1st rehab & resell

[Mark Prather]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $250,000
Sale price: $365,000

This was the first one for me. I purchased with 100% personal funds, which tied up nearly all of my cash. Unfortunately, I didn't have enough cash on hand to start the 2nd rehab until this one sold. I quickly switched to using hard and private money lenders in order to keep the investing cycle moving