Flipper/Rehabber · Scottsdale, AZ · Member since 2019 · 42 posts · 29 votes
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $450,000 Cash invested: $89,530 Sale price: $643,000
I purchased this house from my local wholesaler within the first 5 min of seeing it for the first time. There were other investors on their way to look at the property, and I knew this was s good deal. It was as 7 day close. I financed this deal with my own cash as well as private investors. This was a full remodel including major landscape and pool update in the backyard that took 6 weeks. It is now a beautifully updated home while still maintaining the original character of the home.