I acquired a SFR in Oakland Ca that is on a corner lot

Real Estate Investor · San Francisco, CA · Member since 2016 · 42 posts · 12 votes

Investment Info:

Single-family residence buy & hold investment in Oakland.

Purchase price: $240,000
Cash invested: $10,000

the rehab is still in progress so stay tuned!!

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

Arms-length acquisition

How did you finance this deal?

seller financed 3 years interest only until refi

How did you add value to the deal?

Ive redone a lot of interior and plan on adding an ADU..

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Jana CainPro Member
Enrolled Agent · Richmond, CA · Member since 2016 · 225 posts · 148 votes
7y
@Joshua Ferrey Congrats! Where in Oakland is the property located?
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Joshua Ferrey
OP
Real Estate Investor · San Francisco, CA · Member since 2016 · 42 posts · 12 votes
7y
@janacain Thanks! Its a block off of Fruitvale near E.27th St. Theres been some serious appreciation in the area similar to most of Oakland so Im anxious to do my refi and start the fun hunt for the next property! I hear Richmond is blasting off to outer space these days with all the development and the new ferry terminal opening up??
1 Reply
Adam L.
Chicago, IL · Member since 2013 · 49 posts · 12 votes
1y

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