Amazing Canyon Hills Home

[Steven Woods]

Investment Info:

Single-family residence buy & hold investment in Lake Elsinore.

Purchase price: $440,000
Cash invested: $100,000

Was fortunate enough to grab a home in the Canyon Hills area of Lake Elsinore! 4bd 3br 2,469 sqft on a 5,227 sqft lot built in 2006 wonderful home.

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

terms of the deal were great and looking at the current market of Canyon Hills

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

found the deal while driving through the neighborhood and was able to contact my agent to type up an offer

How did you finance this deal?

bank financing with 20% down

How did you add value to the deal?

renovated the interior and exterior and currently installing turf in the rear yard

What was the outcome?

amazing! since the purchase the market blew up and allowed me to refi my money back out of the deal