10648 Pleasant Hill El Paso tx 79924

[Daniela Quevedo]

Investment Info:

Single-family residence hard money loan investment.

Purchase price: $98,000
Cash invested: $8,000
Sale price: $142,000

My first investment property. I learned so much and taught myself everything hands on with no previous experience but I would do it all over again. I really enjoyed it.

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

I would watch the show flip or flop and I decided I wanted to try it.

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

It was a foreclosure

How did you finance this deal?

Hard Money loan

How did you add value to the deal?

I brainstormed the whole project and it was just me and my handyman that completed it.

What was the outcome?

It was great. Made a profit and learned so much

Lessons learned? Challenges?

I learned how to choose paint, flooring, fixtures and transform a pool from completely black to sparkling blue.

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

I am a realtor so I used myself