Our First Boston Wholetail Flip
Investment Info:
fix & flip investment.
Purchase price: $200,000
Cash invested: $20,000
Sale price: $388,000
This was our first "wholetail" where we purchased a distressed multi-family in Dudley Square in Boston and flipped it to a developer. Once realizing it was a big re-development we found the right buyer who ended up re-developing the property. On top of a great profit, we learned the process, made a great relationship and still use some of the resources that the developer introduced us to.
