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Updated almost 5 years ago on . Most recent reply
Downtown Condo Flip
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
