Updated over 5 years ago on . Most recent reply
The Sticky Floor House
Investment Info:
Single-family residence fix & flip investment in Fort Worth.
Purchase price: $68,000
Sale price: $160,000
Fix and flip on West Side Fort Worth. I found this on Facebook and private messaged the owner. It was a delicate situation, so I scheduled a time to go look at it and told them to just take what they wanted out of the house and I would handle the rest. We quickly named it the sticky floor house for the obvious. This home was a challenge because me and my partner flipped it using only subs for some things but for the most part we rehabbed it ourselves. Lets just say I now leverage subs more often.
What made you interested in investing in this type of deal?
The Numbers
How did you find this deal and how did you negotiate it?
I found it on Facebook and happen to know the person handling the estate.
How did you finance this deal?
Hard Money loan and credit cards.
