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37
Posts
27
Votes
Neil Ginty
  • Architect
  • Bay Area, CA
27
Votes |
37
Posts

Unlocking Hidden Value

Neil Ginty
  • Architect
  • Bay Area, CA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $1,425,000
Cash invested: $400,000

Value add and a house hack!
We added cheap square footage by filling in a breezeway which helped to turn an attached ADU from studio to 1-bed, and turn the Main Home from 2-bed, 1-bath into a 3-bed, 2-bath.

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

I love seeing space others don't and turning that into equity

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

MLS and David Greene's own Bay Area team helped negotiate

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Added cheap square footage and improved features - ie. additional bedrooms, quality outside space, and upgrades throughout