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Updated over 3 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
William Green
4
Votes |
14
Posts

Anybody flipping in palm springs?

William Green
Posted

Investment Info:

Single-family residence fix & flip investment in Palm Springs.

Purchase price: $335,000
Cash invested: $445,000
Sale price: $595,000

Classic palm springs fix and flip with a killer spread. We received multiple offers on the resell end.

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

MLS

How did you finance this deal?

Investors cash

How did you add value to the deal?

designed and managed contractor

What was the outcome?

Bidding war and full price offer

Lessons learned? Challenges?

EVERYTHING with partners and contractors must be in writing

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

Just me

  • William Green
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