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Updated over 5 years ago,
Million Dollar Flip in Los Angles, CA.
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $675,000
Full-Gut Rehab with a redesigned layout in Los Angeles, CA. This flip's original ARV was 1.25 Million and the market is only getting hotter!
What made you interested in investing in this type of deal?
all of the learning lessons and exit potential.
How did you find this deal and how did you negotiate it?
JV Partner discovered it off the MLS
How did you finance this deal?
OPM
How did you add value to the deal?
redesigned layout, additional square footage and modern style
What was the outcome?
Work in Progress
Lessons learned? Challenges?
Time Lines with:
Permitting
Inspections
Draws
Management
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, many just DM me.