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Updated almost 6 years ago on .

User Stats

141
Posts
91
Votes
Kevin M Finley
  • Developer
  • Kenosha, WI
91
Votes |
141
Posts

Property flip completed!

Kevin M Finley
  • Developer
  • Kenosha, WI
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $66,500
Cash invested: $30,000
Sale price: $138,000

Smaller 2 bed 1 bath home in a great neighborhood. Empty since 1990. Complete gut of interior, plumbing, and all new HVAC

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

Great area

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

Another investor purchased at auction and decided he didn't want it.

How did you finance this deal?

Private money

How did you add value to the deal?

Full gut

What was the outcome?

Profit $$$