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Updated 29 days ago on . Most recent reply

User Stats

42
Posts
12
Votes
Joshua Ferrey
  • Real Estate Investor
  • San Francisco, CA
12
Votes |
42
Posts

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

Joshua Ferrey
  • Real Estate Investor
  • San Francisco, CA
Posted

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..

Most Popular Reply

User Stats

42
Posts
12
Votes
Joshua Ferrey
  • Real Estate Investor
  • San Francisco, CA
12
Votes |
42
Posts
Joshua Ferrey
  • Real Estate Investor
  • San Francisco, CA
Replied

@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??

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