Owner held the note

[Elisha Vasquez]

Investment Info:

Single-family residence note investment investment.

Cash invested: $30,000
Sale price: $720,000

Owner had the house paid off we lent them the funds and did the work they paid us back at the close of escrow. We charged a % on our funds used. I listened the home

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

It was conservative spending, lending

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

SOI

How did you finance this deal?

My savings

How did you add value to the deal?

My husband did the labor and we files a lien on the home to secure our funds

What was the outcome?

SOLD FOR TOP DOLLAR in less than a week.

Lessons learned? Challenges?

Have a spread sheet template ready to show owners the funds

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

I am a realtor and property manager.