Suppose to be first flip but things change

[Krishnarine Hardyal]

Investment Info:

Single-family residence fix & flip investment in Schenectady.

Purchase price: $65,000
Cash invested: $50,000

Bought as a fix and flip however it's going to turn into primary residence as I'm selling my current 2fam home to move

What made you interested in investing in this type of deal?

Great potential arv would be $185k

How did you find this deal and how did you negotiate it?

MLS was asking 72k bought it all cash for 65k

How did you finance this deal?

Own funds all cash

How did you add value to the deal?

Rehab

What was the outcome?

Keeping as primary

Lessons learned? Challenges?

Don't over budget push contractor more

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Nathan Dorich