Florida Fix-and-Flip 1230 Pollyanna Dr.
Investment Info:
Single-family residence fix & flip investment in Titusville.
Purchase price: $124,000
Cash invested: $20,000
Sale price: $205,000
An amazing flip project that I and my family lived in suring the process.
What made you interested in investing in this type of deal?
My experience as a contractor and my desire for REI.
How did you find this deal and how did you negotiate it?
MLS, and with my local agent.
How did you finance this deal?
FHA
How did you add value to the deal?
Complete gut and remodel.
What was the outcome?
Very nice profit for our next deal.
Lessons learned? Challenges?
I learned how to speed up renovations, this project went much quicker than my first.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Kevin Degnan, merrit Island FL.
