All Forum Posts by: Shane Wilde
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Post: FLIP in Logan UT - 1 bedroom 1 bath - $200,000 in Equity.
Shane WildePosted
- Real Estate Agent
- Logan, UT
- Posts 1
- Votes 1
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $119,000
Cash invested: $15,000
Sale price: $300,000
This was a buy and hold for a couple years. After the tenants moved out, we gutted it and re-did the whole think.
What made you interested in investing in this type of deal?
Purchase Price.
How did you find this deal and how did you negotiate it?
Overhearing a conversation at work. I asked the guy about it afterward and asked for the sellers number.
How did you finance this deal?
We did a conventional mortgage.