Purchase of Condo in Rancho Santa Margarita

[Jesus Sanchez]

Investment Info:

Single-family residence buy & hold investment in Rancho Santa Margarita.

Purchase price: $325,000
Cash invested: $26,000

https://www.zillow.com/homedetails/84-Gavilan-25-Rancho-Santa-Margarita-CA-92688/25678369_zpid/

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

The great condition of the property and the highly desirable area made me interested in this deal

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

We used a local real estate broker

How did you finance this deal?

We used a conventional loan

How did you add value to the deal?

We will be remodeling the restroom soon

What was the outcome?

TBD

Lessons learned? Challenges?

TBD