North Huntingdon, PA - 1st Fix and Flip Deal
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $168,000
Sale price: $422,000
Successfully completed a full top-to-bottom transformation of this 3-bed, 3-bath property. The project featured a full structural overhaul including new siding, roof, HVAC, and water heater. On the interior, we maximized value by creating a modern, open-concept living design anchored by a fireplace TV accent wall and a premium chef's kitchen with quartz countertops. We fully finished the walk-out lower level to add massive livable square footage, complete with a wood-burning stove and bonus room
What made you interested in investing in this type of deal?
Strong market demand in the Norwin School District.
Excellent margins with an opportunity to add massive equity.
How did you find this deal and how did you negotiate it?
Negotiated a lower purchase price by highlighting the extensive roof and HVAC structural repairs needed.
How did you finance this deal?
Secured a short-term hard money loan covering 90% of the purchase and 100% of renovations.
Funded the remaining balance and holding costs using personal cash reserves.
How did you add value to the deal?
Converted the unfinished walk-out basement into high-end livable square footage.
Installed a brand-new kitchen with premium quartz and soft-close cabinets.
Created an outdoor oasis by completely restoring the inground pool and large deck.
What was the outcome?
Achieved an exceptional top-of-market sale price of $422,000.
Generated an immense return on investment.
Significantly elevated neighborhood comps with a pristine, fully updated home.
Lessons learned? Challenges?
Encountered unexpected delays, pushing back the initial timeline.
Discovered hidden electrical issues in the basement that required extra budget allocation.
Learned to pad the renovation timeline and holding costs by an extra 15%.
