3rd Project: 2548 S El Dorado Rd

[Denyse Nixon]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $435,000
Cash invested: $115,000
Sale price: $650,000

Beautifully remodeled home in Dobson Ranch! 4 bed 2.5 bath dream home got a complete make over with an open concept kitchen that sparkles with new appliances and quartz countertops, walk in pantry, new double pane windows. The second floor boasts 4 large bedrooms, a breathtaking spa like primary bath and walk in closet along with a walkout porch from the primary room to enjoy the beauty AZ has to offer! Fantastic neighborhood with easy access to the 101!

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

Great location, neighborhood, and potential

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

MLS - offered below asking due to updates needed

How did you finance this deal?

Hard Money Lender and Private Investors

How did you add value to the deal?

Full remodel including HVAC, plumbing, and electrical

What was the outcome?

Great profit

Lessons learned? Challenges?

Find the right contractors who understand time and budget

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

Yes. Theresa Marquez with DeLex Realty