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Updated 4 days ago on . Most recent reply

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Christina McCumbee
5
Votes |
5
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My First Investment Property

Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $117,000
Cash invested: $44,000

My first fix and Flip property set to profit $80,000

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

The potential profit

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

I found this on the MLS and submitted a strong offer beating all other offers in the highest and best battle

How did you finance this deal?

private lender

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

I am a knowledgeable real estate agent which a is beneficial for investing.

Most Popular Reply

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2,336
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574
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Jaycee Greene
  • Real Estate Consultant
  • St. Louis MSA
574
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2,336
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Jaycee Greene
  • Real Estate Consultant
  • St. Louis MSA
Replied

Hi @Christina McCumbee, welcome to the BP Forum! How much did you have to spend on the rehab and how long will/did it take? What are you going to list the property for? What were your loan terms?

  • Jaycee Greene
  • [email protected]
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