Updated almost 5 years ago on . Most recent reply
Twin Falls Fix n Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $62,000
Cash invested: $50,600
Sale price: $148,500
Fix n flip purchased from a wholesaler. A little longer than normal for me.
What made you interested in investing in this type of deal?
Right up my alley
How did you find this deal and how did you negotiate it?
Wholesaler
How did you add value to the deal?
Private Financing
What was the outcome?
Flipped and turned out good
Lessons learned? Challenges?
I should have looked closer at the foundation, had to spend some extra dollars on that.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am an agent so yes. myself, cooperating agents, home inspectors, lender, title companies.
