Fix N Flip in Houston, TX
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $420,000
Cash invested: $56,000
Sale price: $570,000
Fix in flip in Houston, TX
What made you interested in investing in this type of deal?
Larger cosmetic flip
How did you find this deal and how did you negotiate it?
google ads
How did you finance this deal?
private money financing + hard money lender
How did you add value to the deal?
foundation fix plus cosmetic upgrades
What was the outcome?
Sold for a profit
Lessons learned? Challenges?
Adding foundation because I didn't have it inspected prior to closing. Always have it checked rather than relying on your GC's opinion.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Blink Lending, Ceshkar Law and Title
- Julie Hutchison