All Forum Posts by: Erica Biancaniello

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $87,000
Cash invested: $50,000

This 3 bed 1 bath was a great addition to my investors portfolio. This made for the perfect flip OR rental. This investor plans to take the flip route by coming in and rehabbing the kitchen, bathrooms, finishing out the basement all for a low price making out great on this flip!! He is expecting to sell between $210k - $220k on the back end. Can't wait to see the finished product.

By the end of 2022, the real estate market was volatile: low housing inventory, rising mortgage rates, and inflation. Traditional buyers and sellers adopted a wait-and-see perspective and an interesting silver lining appeared in the single-family home investor market. Investors' rehab businesses not only grew in 2022, but they are actually doing more business in 2023. Will you be joining the wave?

Article Link: https://www.nasdaq.com/article...