Completed F&F - Reimagined Ranch
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $78,000
Cash invested: $180,000
Sale price: $360,000
Fix and flip investment with extensive renovation! GC'd project myself, no comps, and saw 6 figure returns! More details at https://www.melissaflips.com/reimagined-ranch
What made you interested in investing in this type of deal?
I love bringing neglected and distressed properties back to life and this one was on a stunning setting!
How did you find this deal and how did you negotiate it?
MLS and low balled them with my offer. Had been on the market for a long time, so it was a great buy!
How did you finance this deal?
Self-funded this deal and renovation
How did you add value to the deal?
Complete reno - rebuilt everything other than roof and exterior brick.
What was the outcome?
Six figure ROI
Lessons learned? Challenges?
This is when I solidified my desire to hire out the work as much as possible
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I listed my completed project with a colleague
