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Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
341
Votes |
597
Posts

East Stroudsburg Single family on Lake

Ceasar Rosas
  • Real Estate Broker
  • Bronx, NY
Posted

Investment Info:

Single-family residence fix & flip investment in East Stroudsburg.

Purchase price: $50,000
Cash invested: $95,000
Sale price: $135,000

This property was done with my partners. My partners decided to keep the property as a rental and bought me out at the ARV value.

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

This deal was on the MLS for over a year. Price kept coming down every few months. Once it reached our target area we made an offer.

How did you finance this deal?

Cash

How did you add value to the deal?

We renovated the entire home, roof, siding, updated all interior.