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Updated over 3 years ago on .

User Stats

13
Posts
4
Votes
Robert Arroyo
  • Real Estate Agent
  • San Ramon, CA
4
Votes |
13
Posts

My favorite flip to date!

Robert Arroyo
  • Real Estate Agent
  • San Ramon, CA
Posted

Investment Info:

Single-family residence fix & flip investment in Longview.

Purchase price: $95,000
Cash invested: $101,111
Sale price: $269,000

This flip was through a partnership and was a complete down the studs rehab that transformed this property and put it on par with the new construction in the area.

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

I contacted a Wholeseller for this property. They initially wanted 110k and I got them down to 95k.

How did you finance this deal?

Private money mixed with personal cash.

How did you add value to the deal?

Added an additional bathroom on the first floor. Complete down to the studs remodel!

What was the outcome?

70k+ net profit