Single-family residence fix & flip investment in Riverside.
Purchase price: $292,000
Cash invested: $355,000
Sale price: $415,000
Cool SFR at 1450 sqft of living area 6900 sqft lot, 2-car garage attached, 3 bedrooms/2 baths built in the 1960's.
What made you interested in investing in this type of deal?
How did you find this deal and how did you negotiate it?
How did you finance this deal?
How did you add value to the deal?
What was the outcome?
A 14% ROI
Lessons learned? Challenges?
Never rely on your next door neighbors to share the cost of replacing the fence unless they give you the cash at front.
@Michael Nugent - What did the rehab include?
Looking at the numbers, I am guessing you sold it yourself.
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