Los Angeles Property Expansion

[Marco Chaidez]

Investment Info:

Single-family residence fix & flip investment in Los Angeles.

Purchase price: $721,000
Cash invested: $200,000

Contributors:
Marco Chaidez

A Complete renovation on this 2 bedroom 1 bathroom, Converting it to a 4 bedrooms, 2 bathroom house. Adding approximatley 700 sq feet to the back of the house and adding approximatley 200k of resale value to this proeprty. Estimated time frame 4-5 months !

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

The Value Add on this project was very exciting.

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

Direct Marketing, Cold Calling

How did you finance this deal?

Hard Money & Cash.

How did you add value to the deal?

Additional square footage addition