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Updated about 3 years ago,
Anybody flipping in palm springs?
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