Updated almost 6 years ago on . Most recent reply
3 day funding fix n' flip
Investment Info:
Single-family residence private money loan investment.
Purchase price: $3,285,000
Cash invested: $2,463,750
https://www.zillow.com/homedetails/4458-Mammoth-Ave-Sherman-Oaks-CA-91423/19986445_zpid/
What made you interested in investing in this type of deal?
Great investment opportunity. We were below our max 80% loan to value and the borrower had experience with investment properties.
How did you find this deal and how did you negotiate it?
The borrower was a repeat investor of a broker we work with on a regular basis.
How did you finance this deal?
Our cash. We are a family office and a direct lender.