Single Family Home to Duplex Conversion

[Cassidy Burns]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $245,000
Cash invested: $25,000

Single family house acquisition. We will be converting this SFH into a duplex and reselling.
Acquisition: $245,000
Closing Costs: $15,000
Projected Rehab: $120,000
ARV: $520,000

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

2 Phase Development

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

Off Market

How did you finance this deal?

Hard Money Loan

How did you add value to the deal?

Converting from SFH to Duplex

What was the outcome?

Projected just started

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

BPG Residential & Michael Cook