Updated almost 5 years ago on .

REO owned that no one wanted
Investment Info:
Single-family residence fix & flip investment in Rochester.
Purchase price: $71,000
Cash invested: $46,000
Sale price: $163,900
1960's ranch that owner could no longer afford to pay for or keep up. Roof was leaking and approx. 1/2 of it had to be rebuilt. Had pink & black tiled bathroom that everyone loves.
