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Updated about 3 years ago,

User Stats

15,747
Posts
10,944
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Will Barnard
Pro Member
  • Developer
  • Santa Clarita, CA
10,944
Votes |
15,747
Posts

Flip in Sherman Oaks, CA w/ incredible views.

Will Barnard
Pro Member
  • Developer
  • Santa Clarita, CA
ModeratorPosted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,055,000
Cash invested: $620,000
Sale price: $2,240,000

Sherman Oaks single family home repositioned with addition, new master deck, updated and newly formatted pool/spa and new modern farmhouse design. Incredible views, multiple over ask price offers made this flip a success!

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

Been doing this successfully for over 10 years here locally.

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

MLS, negotiated ask price down.

How did you finance this deal?

From my private money network.

How did you add value to the deal?

Re-designed the interior layout, added square footage, added master deck, and re-designed the exterior from dated Tudor style to Modern Farmhouse.

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