Updated 12 months ago on . Most recent reply
Coastal Dream Home - Renovated with ADU Plans!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $1,250,000
Cash invested: $260,000
Sale price: $1,875,000
Discover your 2,350 sq. ft. coastal oasis on a spacious 17,000 sq. ft. lot. This fully renovated 4-bedroom, 3-bathroom home features high ceilings, modern finishes, and a downstairs bedroom for convenience. Enjoy the beautifully landscaped backyard with a covered patio, pool, spa, and RV parking. Preapproved ADU plans offer extra space or rental potential.
What made you interested in investing in this type of deal?
Has a huge lot and potential for an ADU, adding value.
How did you find this deal and how did you negotiate it?
One of my coaching students sent this deal over, and I helped him close it.
How did you finance this deal?
Hard Money and Private Money
How did you add value to the deal?
By renovating the entire house, gutting everything, fully renovating the pool, and with approved ADU plans.
What was the outcome?
Now in escrow above the listing price!
