Investment Info:
Single-family residence private money loan investment.
Purchase price: $112,500
Cash invested: $200,000
Purchased home, all new mechanicals, kitchen and baths. Saved some original trim to allow buyer to explore history of home. All new exterior, new garage, siding, roof, insulation, cement walkways
What made you interested in investing in this type of deal?
Good opportunity in a warm neighborhood.
How did you find this deal and how did you negotiate it?
Through a specialized real estate agent.
How did you finance this deal?
Hard Money Cash from Private Investor
How did you add value to the deal?
high end finishes, attention to detail, consultation with interior designer,
What was the outcome?
House just listed, we are hopeful for the best
Lessons learned? Challenges?
staying on top of Subs to finish in a timely manner, leave extra funds for city BS and extra time.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, Dylan Hostetter with Everhart Studio
