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Updated almost 2 years ago on . Most recent reply

User Stats

237
Posts
29
Votes
Marco Chaidez
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
237
Posts

A Hoarder House Turned into a Gorgeous Home

Marco Chaidez
  • Flipper/Rehabber
  • Mission Viejo CA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $525,000
Sale price: $850,000

Beautiful HGTV Flip House!! This is a Completely Updated and Renovated Home; outside and inside. ... NEW kitchen with NEW white Shaker cabinets AND quartz countertops, NEW wood laminate flooring, UPDATED bathrooms with NEW matching white Shaker cabinets, NEW plumbing, NEW bathtub, shower and tiled floors, All NEW drywall, NEW electrical panel, NEW electrical wiring, NEW siding, NEW windows, NEW roof, FRESH landscaping front side and back. ... This property is a SHOW-STOPPER!

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

This property has been identified as a hoarder house and will require extensive renovations. As a result, it presents an ideal opportunity for experienced flippers looking for a challenge.

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

We were fortunate enough to learn about this property through a referral from an agent we met while flipping homes. We established a good working relationship with her, and after a year had passed, she remembered us and told us about this opportunity. We're grateful for the connection and excited to explore the potential of this property

How did you finance this deal?

100% Financing = HML and OPM (Other People's Money)

  • Marco Chaidez

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