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40
Posts
43
Votes
Jessica M.
  • Flipper/Rehabber
  • NJ
43
Votes |
40
Posts

Doll House in Historic District

Jessica M.
  • Flipper/Rehabber
  • NJ
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $150,000
Cash invested: $10,000

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

Bought Two Houses on the same street and the homeowner approached me and my business partner to see if we would buy it. We ran some numbers and came to an agreement.

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

Homeowner approached me when we started to work on our investment across the street.

How did you finance this deal?

HML

How did you add value to the deal?

I painted the entire home, replaced the carpets, power washed the decks and exterior of home.

What was the outcome?

Still under construction