Major Value Add

[Elizabeth Marcelline]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $530,000
Cash invested: $250,000
Sale price: $728,000

Refinanced for $728,000 Appraisal verified ARV is $1,200,000

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

holding

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

off market

How did you finance this deal?

hard money and refinance

How did you add value to the deal?

complete renovation down to the studs, exterior and interior. Added bedrooms bathrooms and a pool. Completely new landscaping and new roof.

What was the outcome?

doubled the value of the property

Lessons learned? Challenges?

excellent flip followed the timeline perfectly and refinanced within a year.

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

Elizabeth Marcelline: Investor friendly agent 678-536-3833