Stoneway flip and soon to be sale
Investment Info:
Single-family residence fix & flip investment in Madison.
Purchase price: $180,000
Cash invested: $40,000
House on a hill
What made you interested in investing in this type of deal?
Ugliest house in the nicest neighborhood
How did you find this deal and how did you negotiate it?
Estate sale
How did you finance this deal?
Traditional
How did you add value to the deal?
Sweat equity and money
What was the outcome?
Still working on it
Lessons learned? Challenges?
Inspectors are a waste of time and money!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes