Our Newest Project More to Come!

[Matt Popilek]

Investment Info:

Single-family residence fix & flip investment in Leawood.

Purchase price: $619,000
Cash invested: $110

My largest Flip to date. The ARV is $975k. I have 2 partners on this project in order to cover the high carry costs associated with this project. We have an expected budget of aprox. $100k. Thus far we have demo'd the property, and we are waiting on the architect and engineer report to decide final design. More to come with this one!

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

I have never flipped a SFH that could possible sell for $1M.

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

Cold Caller get the lead

How did you finance this deal?

I used Hard Money, and Private Money

How did you add value to the deal?

I found the deal, and pulled in most of the financing for the project.

What was the outcome?

TBD

Lessons learned? Challenges?

So far timeline has been a bit of a struggle I am continuing to push forward to get this project completed in a timely manner.