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Updated over 5 years ago on . Most recent reply

User Stats

30
Posts
13
Votes
Tim Callahan
  • Flipper/Rehabber
  • Dayton, ME
13
Votes |
30
Posts

First fix and flip in 14 years!

Tim Callahan
  • Flipper/Rehabber
  • Dayton, ME
Posted

Investment Info:

Single-family residence fix & flip investment in Waterboro.

Purchase price: $60,000
Sale price: $185,000

First fix and flip in years!

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

The list price was too good to pass up.

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

MLS

How did you finance this deal?

Hard money lender

How did you add value to the deal?

90 day rehab

What was the outcome?

Great looking house, added value to the neighborhood.

Lessons learned? Challenges?

Short sales take FOREVER to close!

  • Tim Callahan
  • Loading replies...