House flip in Sacramento

[Moua Thao]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $235,000
Cash invested: $40,000
Sale price: $345,000

Total renovation besides cosmetics added bedroom, new everything interior finishing, resanded portions of hardwood floor and updated areas that were in need, reframed floor plan to more open concept, so much more...

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

Experience and growth...

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

Worked with my brother to find and close deal

How did you finance this deal?

Hard money

How did you add value to the deal?

Rehab/renovation

What was the outcome?

Sold for a healthy profit!

Lessons learned? Challenges?

Sanding floors should be done by professionals because of skill and time!

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

Yes.