Updated over 5 years ago on . Most recent reply
Fix & flip in Chicago IL
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Chicago.
Purchase price: $135,000
Cash invested: $25,000
Sale price: $234,500
Fix and flip purchased for 55k renovation 78k sold 234,500
How did you find this deal and how did you negotiate it?
Off market
How did you finance this deal?
Fha 203k loan
How did you add value to the deal?
Renovation
What was the outcome?
Sold with multiple offers
Lessons learned? Challenges?
Working on a 5 unit now
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes