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38
Posts
17
Votes
Jake McVey
  • Real Estate Agent
  • Bolingbrook IL
17
Votes |
38
Posts

Fix and flip- Bolingbrook ranch townhouse

Jake McVey
  • Real Estate Agent
  • Bolingbrook IL
Posted

Investment Info:

Townhouse fix & flip investment.

Purchase price: $195,000
Cash invested: $210,000
Sale price: $250,000

This was the least extensive rehab we have ever done- as close to a simple "paint and carpet" remodel as we've ever been!

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

This was our third investment property in this specific neighborhood, they are easy to work on and sell quickly.

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

This was an off market purchase- I own the adjacent property and told the owner years ago to call me when she was ready to sell... the time came and she called!

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