Quick Fix n' Flip Condominium in Silicon Valley

[Solomon Oh]

Investment Info:

Condo fix & flip investment.

Purchase price: $447,000
Sale price: $583,000

Condominium Renovation found through Cold Calling.

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

I like easy in n' out deals where I can minimize risk.

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

Cold Calling, following up and building a relationship with the owner.

How did you finance this deal?

Iron Bridge Hard Money

How did you add value to the deal?

Simple Renovation (less than 17k spent)

What was the outcome?

Profitable venture.

Lessons learned? Challenges?

Set expectations correctly with contractors/subs.
Be a truth teller and a truth seeker.