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Updated almost 6 years ago on .

User Stats

1
Posts
1
Votes
Rodolfo Mendoza
  • Developer
  • Oakland, CA
1
Votes |
1
Posts

East Oakland project. full renovation

Rodolfo Mendoza
  • Developer
  • Oakland, CA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $340,000
Cash invested: $86,000
Sale price: $565,000

we gutted the full house. entire plumbing, new electricity new windows all around

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

interact with many people. freedom

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

agent

How did you finance this deal?

private money and hard money lender

How did you add value to the deal?

renovated the whole house. fix and sell to retail buyer

What was the outcome?

great

Lessons learned? Challenges?

check with the city to see if there's any balance due

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

agent, hard money lenders.