Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 months ago, 11/12/2024

User Stats

233
Posts
29
Votes
Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
29
Votes |
233
Posts

Coastal Dream Home - Renovated with ADU Plans!

Marco Chaidez
Professional Services
  • Flipper/Rehabber
  • Mission Viejo CA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,250,000
Cash invested: $260,000
Sale price: $1,875,000

Discover your 2,350 sq. ft. coastal oasis on a spacious 17,000 sq. ft. lot. This fully renovated 4-bedroom, 3-bathroom home features high ceilings, modern finishes, and a downstairs bedroom for convenience. Enjoy the beautifully landscaped backyard with a covered patio, pool, spa, and RV parking. Preapproved ADU plans offer extra space or rental potential.

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

Has a huge lot and potential for an ADU, adding value.

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

One of my coaching students sent this deal over, and I helped him close it.

How did you finance this deal?

Hard Money and Private Money

How did you add value to the deal?

By renovating the entire house, gutting everything, fully renovating the pool, and with approved ADU plans.

What was the outcome?

Now in escrow above the listing price!

  • Marco Chaidez

Loading replies...