An oh-so-charming home in an oh-so-charming neighborhood!

[Michael Nugent]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $300,000
Cash invested: $62,000
Sale price: $420,000

Beautiful home in the heart of Rialto. 3 bedrooms 2 bathrooms 2-car garage attached nearly 1500 square feet of living space plus a huge lot. Home has been tastefully renovated.

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

Hot market

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

Listing agent

How did you finance this deal?

Cash

How did you add value to the deal?

Cosmetic rehab and removed a wall which separated the kitchen from the living area.

What was the outcome?

Good & quick profit

Lessons learned? Challenges?

Easy

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes