Fast Detroit Flip with Will Owens

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $33,000
Cash invested: $2,500
Sale price: $70,000

Contributors:
Peter Vekselman

Partner Driven and Will Owens teamed up on this Detroit property. Purchased for $33,000 with just $2,500 in cleanup and minor repairs, we sold it for $70,000 within a few months. This deal was all about speed, smart budgeting, and knowing the local market.

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

The home needed minimal work and had immediate resale potential in a high-demand area. It was the perfect low-risk, high-reward opportunity that allowed for a fast turnaround and a solid return.

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

Will Owens sourced this deal through his local connections. We quickly assessed its value, negotiated confidently, and got it under contract before competitors had the chance to make offers.

How did you finance this deal?

Partner Driven covered every dollar of the purchase price and rehab. This allowed Will to focus fully on closing the deal and overseeing the project without tying up personal capital or taking on financial risk.

How did you add value to the deal?

We cleaned up the property, handled minor repairs, and created a listing that attracted immediate buyer attention. Our fast, efficient process maximized market appeal and resulted in multiple offers.

What was the outcome?

We sold the property quickly, walking away with a strong profit. This was a textbook example of how speed, minimal rehab, and the right partner can create fantastic results.

Lessons learned? Challenges?

This deal reinforced the importance of timing. In a hot market, moving fast on properties with light rehab needs can unlock big profits with minimal risk or stress.