San Diego home 180 degree views Coronado Islands

[Vern Udasco]

Investment Info:

Single-family residence buy & hold investment in San Diego.

Purchase price: $625,000
Cash invested: $100,000

3 Bed/2 Bath top floor unit
2 Bed /2 bath lower unit (granny flat)
2600 s/f

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

Property appreciation and living the Cali lifestyle.

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

MLS, but knew the Listing Broker.

How did you finance this deal?

Conventional and later refinanced to VA loan.

How did you add value to the deal?

Rolled my commission into the deal $25k

What was the outcome?

I was able to acquire this property while competing with dozens of other strong offers.

Lessons learned? Challenges?

It pays off to network and know people.

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

I Brokered my this deal.