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Updated over 4 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Eli Brooks
  • Flipper/Rehabber
  • Apple Valley, CA
0
Votes |
3
Posts

Flipped Family Home

Eli Brooks
  • Flipper/Rehabber
  • Apple Valley, CA
Posted

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Apple Valley.

Purchase price: $370,000
Cash invested: $1

Exterior features include 2 horse corrals, with horse arena and barn, double-sided chicken coup, freestanding shed, and 3 car garage. Off the grid well water, on-site propane tanks, and two septic tanks. A charming horseshoe driveway, chain link fence enclosing the entire 10 acres property line, two additional

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

The family needed my help.

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

My family asked me to help sell their house.

How did you finance this deal?

Still in Progress actually. Two offers but no contract yet.

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

Nope.

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