SFH - Fix and Flip in Greeley, CO
Investment Info:
Single-family residence fix & flip investment in Greeley.
Purchase price: $150,000
Cash invested: $35,000
Sale price: $265,000
Distressed property. Quick close (about 14 days).
New kitchen, bathrooms, flooring, doors, lightening, outlets, garage door opener, AC, interior/exterior paint, yard cleanup, etc
Set a new standard for comps in the neighborhood
What made you interested in investing in this type of deal?
We buy houses in Greeley to rehab them and put them back on the market, raising property values in the areas we invest in.
How did you find this deal and how did you negotiate it?
Networking
How did you finance this deal?
PML
How did you add value to the deal?
Connecting with seller. Working with seller's timeline.
What was the outcome?
Seller happy, contractors happy, agent happy, we happy!