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Real Estate Deal Analysis & Advice

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Michael Galloway
  • Real Estate Investor
  • Lafayette, CA
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179
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Secured Another decent deal today in Alamo California

Michael Galloway
  • Real Estate Investor
  • Lafayette, CA
Posted Feb 18 2013, 22:29

Just got the verification today on a small house large lot in Alamo California. My team will be tearing this one down to one wall. (existing 1500sqft) We will be building a 4000 sqft new house in its place. Lot Cost $700k, Build cost $400K exit $2M+

This deal works because the neighborhood is full of solid comps of $2M. $500 per square

Might be partnering with Jory Sandusky's architec on this one.

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