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Updated over 2 years ago, 06/03/2022

User Stats

233
Posts
29
Votes
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
233
Posts

Mission Viejo CA Fix and Flip

Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
Posted

Investment Info:

Single-family residence fix & flip investment in Mission Viejo.

Purchase price: $850,000
Cash invested: $120,000
Sale price: $1,370,000

A beautiful single story home hit the market and we just knew its end value would be worth the time.

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

It was a fixer that showed up to us in the right moment

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

MLS, and understood what the owner needed.

How did you finance this deal?

HML, Private

How did you add value to the deal?

total rehab, created a beautiful kitchen, and backyard for a family to enjoy.

What was the outcome?

Sold WAY over asking!

Lessons learned? Challenges?

Contractor management is key. Always make sure there are no bad apples in your projects

  • Marco Chaidez