Single family gem in the rough!

[Annette Weiss]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $32,000
Cash invested: $15,000
Sale price: $86,000

Single family home in need of TLC~

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

This had value add, and the price was negotiable

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

From an investor friend

How did you finance this deal?

Business line of credit from another rental property

How did you add value to the deal?

New flooring/paint/fixtures/doors/deck

What was the outcome?

BRRR-Rented out for one year, then sold