Single family fix and flip in Cincinnati Ohio
Investment Info:
Single-family residence fix & flip investment in Cincinnati.
Purchase price: $50,500
Cash invested: $30,000
Sale price: $124,500
This was a fix and flip 3 bed 1 bath needed updating and fixed up went in put new bath new kitchen new flooring new doors and a lot more . Stayed on budget and on time .
What made you interested in investing in this type of deal?
I know the area and know the kind of house I’m dealing with
How did you find this deal and how did you negotiate it?
Family friend found this for me and yes I negotiate everything
How did you finance this deal?
Private money
How did you add value to the deal?
Found the deal manged the work and kept budget good and did some of the work
What was the outcome?
Outcome was great !!!
Lessons learned? Challenges?
Try and do more of the work with my guys to stay on time
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Of course