Downtown Condo Flip

[Victor Ong]

Investment Info:

Condo fix & flip investment.

Purchase price: $325,000
Cash invested: $35,000
Sale price: $625,000

Remodeled a 2B/2B in downtown Los Angeles

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

Prime location and buying it for primary residence. Able to exit without triggering capital gain tax

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

Through friends and family

How did you finance this deal?

Stated Income