All Forum Posts by: Fernando Castellanos
Fernando Castellanos has started 1 posts and replied 1 times.
Post: My first Flip - Nashville
Fernando CastellanosPosted
- Real Estate Agent
- franklin, TN
- Posts 1
- Votes 3
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,000
Cash invested: $120,000
Sale price: $370,000
It was a crazy one!
How did you find this deal and how did you negotiate it?
I found this deal on a facebook Wholesale group.
How did you finance this deal?
Hard money Lender
How did you add value to the deal?
Did a complete gut renovation.
Lessons learned? Challenges?
Do not rush into it without a plan and do have better margins for surprises going in.
