2 falt property located in cicero il , 3bed and 1 bath complete

[Antonio Hernandez]

Investment Info:

Single-family residence hard money loan investment.

Purchase price: $110,000
Cash invested: $40,000
Sale price: $235,000

2 flat property , 3 brd and 1 bath

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

the are was good and it was a 2 flat

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

this was a short sale that I approached the seller , we negotiated and purchased

How did you finance this deal?

this was with a hard money lender purchase and rehab.

How did you add value to the deal?

I done other deals so I think by finding and renovating it.

What was the outcome?

sold the property and made over 70K

Lessons learned? Challenges?

I think it took me a long tome to have it done, so the lesson can be that most deals need to be quick

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

yes i did work with other real estate agents