All Forum Posts by: Jason Stewart
Jason Stewart has started 2 posts and replied 2 times.
Post: 1843 Tiger Flowers Dr NW, Atlanta, GA 30314
- Investor
- Atlanta, GA
- Posts 2
- Votes 1
Investment Info:
Single-family residence fix & flip investment in Atlanta.
Purchase price: $88,000
Cash invested: $65,000
Sale price: $225,000
This beautiful brick home needed a face lift.
What made you interested in investing in this type of deal?
Great property on a quiet street
How did you find this deal and how did you negotiate it?
this deal was brought to us by a realtor friend of ours
How did you finance this deal?
hard money
What was the outcome?
under contract in 2 weeks
Lessons learned? Challenges?
your Contracts protect you.
Post: 1003 Byron Dr SW, Atlanta, GA 30310
- Investor
- Atlanta, GA
- Posts 2
- Votes 1
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,900
Cash invested: $174,000
Sale price: $316,900
2bed 1 bath 1160 sqft burn house, that we transformed into an amazing 4 bedroom 2 bath 1600 sq ft home.
What made you interested in investing in this type of deal?
No one wanted to bring this house to life after this property sat vacant for 10+ years
How did you find this deal and how did you negotiate it?
we found this deal from one of our mentors
How did you finance this deal?
Hard money
How did you add value to the deal?
we removed 260 sqft and added back 650 sqft
What was the outcome?
Under contract in 4 days
Lessons learned? Challenges?
Budgets are guidelines not concrete. architects blow your budget, contractors have great intentions but are like kids you have to watch them
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes
