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Updated over 5 years ago on . Most recent reply

John Ala's profile image
John Ala's profile image
John Ala
  • from Spokane, WA
  • Member since Dec 30, 2018
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28
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9
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John Ala's profile image
John Ala's profile image
John Ala
  • from Spokane, WA
  • Member since Dec 30, 2018
Connect
John Ala
  • Spokane, WA
9
Votes |
28
Posts
Real Estate Deal Analysis & Advice

My first flip of many more I hope

John Ala
  • Spokane, WA
Posted

Investment Info:

Single-family residence fix & flip investment in Spokane.

Purchase price: $40,000
Cash invested: $137,000
Sale price: $205,000

Lots of learning, not so much profit

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

My realtor found it, part of estate liqudiation

How did you finance this deal?

personal cash

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