Updated almost 2 years ago on .
DJ Khaled "Another One!"
Investment Info:
Single-family residence private money loan investment.
Purchase price: $370,000
Cash invested: $80,000
1966 split entrance
3/1
2,946 sqft
Large home in a fantastic area of Salt Lake City.
Property has been neglected and in need of a total remodel.
Investors will add a master suite in the lower level as well as modernize the flow.
(4/3) 1 total bedroom and 2 bathrooms added
Should be completed in under 6 months!
What made you interested in investing in this type of deal?
The spread and LTV
How did you find this deal and how did you negotiate it?
Our strong Real Estate Community
How did you finance this deal?
Private Money
How did you add value to the deal?
Sourced funds from limited lending partners
What was the outcome?
In progress
Lessons learned? Challenges?
Foundation is sinking...TBC
