Instant equity with lots of opportunity

[Dahlia Khalaf]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $210,000
Cash invested: $210,000

Helped a local investor purchase a single family home that was listed at $295,000 and we got it for 85k less with a cash, quick close, and no inspections. Buyer thinks he will flip the property or possibly rent out, he is still deciding. The house is dated and will need a good amount of cosmetic updates but the ARV is around $350k so a lot of room to do whatever he likes!

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

Property had been sitting so we knew there was a level of motivation there and a deal to be made.

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

MLS, used cash, quick close, no inspections.

How did you finance this deal?

Cash

How did you add value to the deal?

Will do cosmetic updates

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

Dahlia Khalaf