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Updated almost 6 years ago,
Fix and Flip Spring Valley CA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $450,000
Cash invested: $150,000
Found this home on the MLS with great potential. Large corner lot with a view that was hidden behind some trees.
How did you find this deal and how did you negotiate it?
On the MLS. Was posted for $490,000.
How did you finance this deal?
Hard Money
How did you add value to the deal?
Uncovered the view, new floors, HVAC, electric, plumbing, windows, cabinets. Basically a complete gut.
What was the outcome?
We shall see.
Lessons learned? Challenges?
First flip. Too many lessons learned to write.