Fully Updated Single-Story Home with Pool, Bonus Room and a Massive Lot

[Marco Chaidez]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,150,000
Cash invested: $200,000
Sale price: $1,599,000

Welcome to your dream home! This beautifully renovated single-story gem features 4 spacious bedrooms and 2 modern bathrooms, all nestled on a sprawling 9,000+ square foot lot in a tranquil cul-de-sac. Every inch of this property has been meticulously updated by professional investors featured on TV, ensuring top-notch quality and style. Step inside to discover an open floor plan that flows seamlessly into an enclosed bonus room, perfect for entertaining with a full bar and chimney. The expansive backyard is an entertainer's paradise, boasting a sparkling pool and a large green grass area ideal for outdoor gatherings and family fun. Additional highlights include RV parking and a wealth of upgrades throughout the home, making it move-in ready.

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

It's a quick fix-and-flip deal involving pool renovation and the addition of a bonus room. The property's expansive lot further heightens its appeal.

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

The deal was identified by my real estate agent and requires a quick closing.

How did you finance this deal?

The financing structure includes a hard money lender holding the first lien and private money lenders holding the second lien.

How did you add value to the deal?

The property's value was enhanced through several strategic renovations:
1. Open Floor Plan
2. Enclosed Bonus Room
3. Pool Renovation
4. Expansive Backyard
5. RV Parking
6. Comprehensive Upgrades