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Updated 12 months ago, 12/19/2023

User Stats

50
Posts
16
Votes
Darian Sanayei
  • Real Estate Agent
  • Temecula CA
16
Votes |
50
Posts

New primary with plans of turning into investment

Darian Sanayei
  • Real Estate Agent
  • Temecula CA
Posted

Investment Info:

Single-family residence buy & hold investment in Des Allemands.

Purchase price: $669,000
Cash invested: $75,000

New primary residence. Currently 2 unit property, and working on building another ADU

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

Ilike the potential the lot has, with no HOA

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

Driving down the road, self negotiated

How did you finance this deal?

Conventional loan

How did you add value to the deal?

making it multi unit

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

Darian Sanayei