Vintage Florida Home Fix and Flip Success
Investment Info:
Single-family residence fix & flip investment in Bradenton.
Purchase price: $150,000
Cash invested: $29,000
Sale price: $350,000
Vintage home with serious damage. Renovated the entire home for under $30,000. Great return due to location!
What made you interested in investing in this type of deal?
Location
How did you find this deal and how did you negotiate it?
Realtor
How did you finance this deal?
Cash
How did you add value to the deal?
Complete renovation
What was the outcome?
92% ROI!
Lessons learned? Challenges?
Sometimes you just got to go for it!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Donna and Tom Muphy, Keller Williams on the Water
