DJ Khaled "Another One!"

[Nicholas Pasowicz]

Investment Info:

Single-family residence private money loan investment.

Purchase price: $370,000
Cash invested: $80,000

1966 split entrance
3/1
2,946 sqft

Large home in a fantastic area of Salt Lake City.
Property has been neglected and in need of a total remodel.
Investors will add a master suite in the lower level as well as modernize the flow.
(4/3) 1 total bedroom and 2 bathrooms added
Should be completed in under 6 months!

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

The spread and LTV

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

Our strong Real Estate Community

How did you finance this deal?

Private Money

How did you add value to the deal?

Sourced funds from limited lending partners

What was the outcome?

In progress

Lessons learned? Challenges?

Foundation is sinking...TBC