OPP fix & flip

[Frankelley Nunez]

Investment Info:

Condo fix & flip investment.

Purchase price: $180,000
Cash invested: $20,000
Sale price: $305,000

Sourced the deal, located investor to fund the deal, used personal funds for renovations, split the profits.

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

The margins, $100k ARV

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

Local farming

How did you finance this deal?

OPP

How did you add value to the deal?

Kitchen, primary bath, flooring remodel, paint

What was the outcome?

Appraised for $305k