Westminster Condo Fix and Flip

[Bo Birkeland]

Investment Info:

Condo fix & flip investment in Westminster.

Purchase price: $127,000
Cash invested: $26,000
Sale price: $186,900

Quick 3 month fix and flip in Westminster with 26k invested and a healthy profit margin over 10%. The tricky part was negotiating a special assessment with the buyer that is for the next 15 years. Lesson learned - read all HOA docs and understand the financials of the HOA.