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Updated about 6 years ago,
Guardia Project - Los Angeles
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $413,000
Cash invested: $55,000
Sale price: $655,000
2/1 850/5000 sq ft. bungalow style home.
What made you interested in investing in this type of deal?
Purchase price and location
How did you find this deal and how did you negotiate it?
Brought to me by an agent in my network
How did you finance this deal?
HML
How did you add value to the deal?
Renovated and designed with a unique finish
What was the outcome?
Lots of positive feedback and multiple bids
Lessons learned? Challenges?
The challenge was with the partner I had, he was very greedy on his share of the deal and tried to take more than he deserved.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Lenders