Fix & Flip in Southdowns

[Remy Curry]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $400,000
Cash invested: $100,000

Great value add home in a popular neighborhood- Southdowns- in Baton Rouge. Adding another bed and bath. When finished I will list it for $675,000. Excited about this one!

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

Seeing the house and seeing it's potential.

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

I thought it might be a good fit for one of my clients but she ended up thinking it needed too much work. I couldn't get it out of my head. Needed to line up a lender, contractor etc. Then

How did you finance this deal?

Leveraging a LMA account

How did you add value to the deal?

adding a fourth bedroom and bathroom along with updating lighting, painting, and making a functional garage.