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Updated almost 6 years ago,
Private Investment Distressed Real Estate
Investment Info:
Single-family residence private money loan investment in Los Angeles.
Purchase price: $980,000
Cash invested: $200,000
Private Money Loan, to help someone financially.
What made you interested in investing in this type of deal?
Received a request to provide my assistance to a family member in distressed.
How did you find this deal and how did you negotiate it?
Private transaction, personal negotiations.
How did you finance this deal?
Cash, invested, secured by Real Estate.
How did you add value to the deal?
100% return on investment.
What was the outcome?
Excellent, awesome, beneficial.
Lessons learned? Challenges?
Always follow up with Investments, don't "ever" let someone else be in control of your Investment. No challenges, stay guarded.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No, I provided my own expertise and services which I am very knowledgeable in Real Estate and Financial industry.