Single Family Flip in Collingswood, NJ

Single Family Flip in Collingswood, NJ

Rental Property Investor · Cinnaminson, NJ · Member since 2018 · 53 posts · 32 votes

Investment Info:

Single-family residence fix & flip investment in Collingswood.

Purchase price: $215,000
Cash invested: $30,000

This is a single-family home with 3 beds and 2 baths. There is a large addition on the back of the home. I'm going to move the kitchen, open a couple of walls and push the ARV.

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

This is a wholesale deal in a highly profitable area in South NJ.

How did you finance this deal?

Combination Hard and Private money.

How did you add value to the deal?

Moved the kitchen, opened a couple of walls, rebuilt 2 bathrooms.

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  • Rental Property Investor · Collingswood, NJ · Member since 2013 · 171 posts · 61 votes
    7y

    Congrats on the purchase! What part of town is the property in? Has the work already been done?

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