Los Angeles Fix and Flip

[Anthony Calcote]

Investment Info:

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

Purchase price: $345,000
Cash invested: $160,000

Property is now worth $830,000.00

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

Profits

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

Word of Mouth

How did you finance this deal?

Hard Money

How did you add value to the deal?

Added 500 square feet and rebuilt the garage

What was the outcome?

Profits

Lessons learned? Challenges?

Steer clear of inexperienced contractors

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

No