Completed F&F - Reimagined Ranch

[Melissa Minuti]

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