Downtown district flip

[Denisse Lara]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $178,000
Cash invested: $50,900
Sale price: $315,000

Old 1970’s home in desperate need of a facelift.

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

This neighborhood in downtown Las Vegas was trending and we knew it was a great opportunity

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

Found it on the mls. Cash offer. They had multiple offers so we bought at list price

How did you finance this deal?

Cash

How did you add value to the deal?

Added a habitable property to the neighborhood with strong comps that brought in great buyer to the community

What was the outcome?

$$$$$$

Lessons learned? Challenges?

Only partner up with someone you trust and enjoy working with

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

Myself :)