Fix and Flip in Louisville Kentucky

Fix and Flip in Louisville Kentucky

Contractor · Indianapolis · Member since 2022 · 40 posts · 33 votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $60,000
Cash invested: $40,000
Sale price: $125,000

Fix and Flip in Louisville Kentucky.

This was our second project in Louisville and it was masterfully done by our crew.

We were in there the moment the house closed and our investor was able to sell it in less than 5 months.

New roof deck, kitchen, bathroom, flooring, paint.

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

We were excited to expand to Kentucky

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

Buyer came to us and we were ready to go.

How did you finance this deal?

I think he used hard money

How did you add value to the deal?

We managed the project from start to finish.

There were a handful of issued that required some decision making but other than that we have a really good crew down there and they make my job super easy.

What was the outcome?

everyone made money.

Investor profited roughly $25K

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  • Investor · Orlando, FL · Member since 2021 · 79 posts · 36 votes
    4y

    Way to go... Curious.  Where in KY?

  • James WilcoxBusiness Member
    Real Estate Agent · Bowling Green KY ~ Lexington, KY · Member since 2015 · 1k+ posts · 600 votes
    4y
    Quote from @Melissa S Vrobel:

    Way to go... Curious.  Where in KY?

    It says in Louisville.

    REI James w/ eXp Realty54 Reviews
  • Contractor · Indianapolis · Member since 2022 · 40 posts · 33 votes
    4y

    Off of Teresa ave in Louisville

  • Investor · Orlando, FL · Member since 2021 · 79 posts · 36 votes
    4y

    @Jacob Messer

    Nice.  I am working on a project in La Grange.  Indy is a far drive.  Do you have a team in the area?

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