Updated over 5 years ago on .
Hemet FLIP. Very easy flip and profit is twenty thousand
Investment Info:
Single-family residence fix & flip investment in Hemet.
Purchase price: $138,000
Cash invested: $17,000
Sale price: $215,000
Light rehab. I pretty much painted, cleaned and listed it again. Their was tenants in the home and I was able to do cash for keys.Very easy flip and profit is twenty thousand. came out of pocket thirty thousand.
What made you interested in investing in this type of deal?
flip
How did you find this deal and how did you negotiate it?
wholesaler
How did you finance this deal?
Hard money
How did you add value to the deal?
painting
What was the outcome?
flip
Lessons learned? Challenges?
check the roof
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I was a real estate agent