Updated about 7 years ago on . Most recent reply
Single Family Flip Sandston VA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $75,000
Contributors:
Cameron Douglas
SFH Fix and Flip Coming soon
What made you interested in investing in this type of deal?
Acquired through off-market from a realtor that I have brought value to previously.
It's in a great location close to the highways but with lots of land.
How did you find this deal and how did you negotiate it?
Agent
How did you finance this deal?
Finance of America Fix and Flip product
How did you add value to the deal?
connected it to city sewer
vinyl siding
new roof
AC
adding sq ft by walling in the sun room
What was the outcome?
TBD
Lessons learned? Challenges?
Press harder on negotiations
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes