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Updated 26 days ago on . Most recent reply

User Stats

75
Posts
24
Votes
Nicole Harrington
24
Votes |
75
Posts

Not my favorite, but it came out nicely

Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $230,000
Cash invested: $43,000
Sale price: $335,000

Split level, 2 bed rooms downstairs, 2 upstairs, Great back yard, It needed some work,

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

slim picking/ nothing available and numbers worked

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

MLS had agent connections

How did you finance this deal?

cash

How did you add value to the deal?

renovation

What was the outcome?

A nice home for a new family

Lessons learned? Challenges?

Kennesaw city had an eye on us and made us pull permits for putting up dry wall in the basement. Than stalled us along, HVAC was fixed and new ducts put in, City also wanted permits for that. They came by regularly to check, Pain in the .......

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

I am an Associate Broker

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