Orange County Single Family Home

[Manny Vasquez]

Investment Info:

Single-family residence private money loan investment.

Purchase price: $460,000
Cash invested: $45,000

This property I purchased through "Subject to" Seller Financing.

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

The location.

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

I had been renting the property from the owner for about 4 years prior when I reached out to him to offer to buy the property. He wanted to shield his money from taxes so we negotiated a seller-financed deal.

How did you finance this deal?

Seller Financed.

How did you add value to the deal?

I've remodeled the place.

What was the outcome?

I am currently using this property as a Short Term Rental. Its doing phenomenal for me.

Lessons learned? Challenges?

I should have bought the property earlier! But I have learned so much as an Airbnb and I am continually learning on becoming a better host every day.

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

Yes! Myself! I totally recommend myself!