Updated over 4 years ago on .
Another Successful House Flip
Investment Info:
Single-family residence fix & flip investment in Phillipsburg.
Purchase price: $50,000
Cash invested: $5,000
Sale price: $207,000
Fix & Flip
What made you interested in investing in this type of deal?
Good Deal, Fix & Flip
How did you find this deal and how did you negotiate it?
Found on the MLS. This deal needed to be approved by Medicare because owner was now living in a nursing home.
How did you finance this deal?
Hardmoney
How did you add value to the deal?
Renovations
What was the outcome?
Successful flip
Lessons learned? Challenges?
Need to get the houses renovated faster.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I worked through the listing agent by calling on the yard sign.