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

This beautifully renovated single-story home features 4 spacious bedrooms and 2 modern bathrooms, situated on a 9,000+ sqft lot in a tranquil cul-de-sac. Meticulously updated by professional investors, it boasts an open floor plan leading to an enclosed bonus room with a full bar and chimney. The expansive backyard includes a sparkling pool and large green area, ideal for gatherings. Additional highlights are RV parking and numerous upgrades throughout, 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