Good deal take time to find.
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $125,000
Cash invested: $1000.00
Sale price: $275,000
Fix and Flip. Net profit 150k.
What made you interested in investing in this type of deal?
Profit.
How did you find this deal and how did you negotiate it?
Bird, Dog and Net working
How did you finance this deal?
Partner and personal cash
How did you add value to the deal?
Renovate the property
What was the outcome?
Net profit over $150k in 2 month
Lessons learned? Challenges?
Good Deal take time to find. Any deal is a Challenges.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No. I am a Real Estate Broker.