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Updated about 6 hours ago,
Complete combination and gut remodel two lofts in NYC
Investment Info:
Single-family residence private money loan investment.
Purchase price: $5,000,000
Cash invested: $1,450,000
Complete combination and gut of two lofts side by side resulting in a 4,000 square foot home.
What made you interested in investing in this type of deal?
Opportunity in fantastic location
How did you find this deal and how did you negotiate it?
Architect and broker
How did you finance this deal?
Personal raise
How did you add value to the deal?
Added capital and acted s general contractor for compete gut remodel
What was the outcome?
Possible hold
Lessons learned? Challenges?
So many ... DM me.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
DM me.