Investment Info:

Single-family residence fix & flip investment.

Purchase price: $28,000

Rehab: $43,323

Sale price: $117,000

Contributors:

Peter Vekselman

Partner Driven partnered with BJ & Traci Medlen on a fix & flip in Newburg, Missouri. The property required significant work but presented a clear opportunity to improve the home and reposition it for resale. The project highlights how the right acquisition, improvement strategy, and execution can create value in a property with substantial potential.

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

The property stood out because of the opportunity to significantly improve its condition and overall appeal. There was enough potential in the property to support a value-add strategy, making it a strong fit for a fix & flip.

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

BJ & Traci identified the opportunity and worked directly with the seller to negotiate the purchase. They recognized the potential beyond the property's existing condition and made sure the terms supported the improvements needed to prepare the home for resale.

How did you finance this deal?

Partner Driven provided the capital for both the acquisition and the improvements. This allowed BJ & Traci to focus on executing the project while having the financial resources needed to take the property from acquisition through resale.

How did you add value to the deal?

The value came from transforming the property's condition, functionality, and overall appeal. The improvements focused on turning the home into a more marketable property while keeping the project aligned with what buyers would want in the local market.

What was the outcome?

The property was successfully transformed and sold for $117,000. The project demonstrates how a property requiring significant work can become a strong investment when the acquisition, improvement strategy, and execution are properly aligned.

Lessons learned? Challenges?

Projects requiring significant improvements come with plenty of moving parts, making planning and oversight especially important. This deal reinforced the importance of having a clear scope of work, managing the project closely, and staying focused on improvements that create meaningful value for the eventual buyer.