One of my Favorite Flips
Investment Info:
Townhouse fix & flip investment.
Purchase price: $70,000
Cash invested: $20,000
Sale price: $101,500
One of my favorite flips. Did minor clean up only and sold before the Open House
How did you find this deal and how did you negotiate it?
Driving for Dollars contacted the owner directly
How did you finance this deal?
Owner Carry with small down
What was the outcome?
Profit of over 20k with only clean up required
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No