San Pedro Quick Flip

[Robert Fragoso]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $850,000
Cash invested: $975,000
Sale price: $1,678,880

This was a quick flip that many other investors had passed on. It was interesting but because of my experience I was able to identify things others missed and made this one of the best quick flips I've done.

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

Easy Straight cosmetic fixer

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

This was brought to me by a large wholesaler.

How did you finance this deal?

A combination of cash and private investors.

How did you add value to the deal?

Using a proprietary method

What was the outcome?

Net profit of nearly $500k

Lessons learned? Challenges?

Do your homework.