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Updated 14 days ago on .

User Stats

53
Posts
20
Votes
Jaston Robinson
  • Real Estate Agent
  • Rhode Island
20
Votes |
53
Posts

Whole tail - Woonsocket RI

Jaston Robinson
  • Real Estate Agent
  • Rhode Island
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $300,000
Cash invested: $45,000
Sale price: $385,000

Whole tail - (On market wholesale)

The focus of this deal was the neighboring lot which we purchased with this home for 300k. We sold off the house for 385k & kept the vacant lot to build in the future.

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

The lot next door

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

Direct to whole saler

How did you finance this deal?

Hard money

How did you add value to the deal?

New roof, clean out & other repairs.

What was the outcome?

Sold the home, kept the lot next door.

  • Jaston Robinson