All Forum Posts by: Thomas Dyman

Investment Info:

Single-family residence fix & flip investment in Spokane.

Purchase price: $25,000
Cash invested: $75,000
Sale price: $145,000

Investment Info:

Single-family residence other investment in Hastings.

new build on 1 acre

Investment Info:

Single-family residence other investment in Hastings.

new build on 1 acre

Investment Info:

Single-family residence buy & hold investment in Daytona Beach.

Purchase price: $72,500
Cash invested: $5,000

Light cosmetic, buy and hold condo. Rents at $1100. Repairs $6000. ARV $115-120k

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

The math worked and quick to cash flow.

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

Off market through a realtor while showing me other properties.

How did you finance this deal?

cash

How did you add value to the deal?

update baths, flooring, paint

What was the outcome?

cash flowed 2 weeks after closing

Lessons learned? Challenges?

deals are there if you are out there

I would love to chat with you about your projects in the Daytona area.

What grade cabinets are you looking for? You can buy very inexpensive unfinished cabinets at the big box stores, then stain them yourself.

How is your search going? I'm in the Pensacola market and might be able to give you some referrals. 

I'm in the panhandle working on rehabs in Escambia and Santa Rosa counties. I'm interested in Okaloosa too.

I'm currently flipping a couple houses in Pensacola, and would like to grow faster so I'm searching for private or hard money to free up some of my own capital for other projects. I would definitely prefer private money, but am open to hard money. I'm looking for about 30k to go towards rehab. I spoke with one HML and he said that he couldn't do less than 75k with 12% int. and 3 points. I'm not sure if this is pretty average or not, so I'm open to input regarding that as well. Thanks

Thank you Seth and Michael.