Converting SFR into SFR/ADU

[Victor Ong]

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $470,000
Cash invested: $300,000

Convert SFR into SFR/ADU

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

3min driving into Downtown Los Angeles

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

Found it on Redfin

How did you finance this deal?

Hardmoney and refi into conventional.

How did you add value to the deal?

Use own capital