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Updated over 5 years ago on . Most recent reply

User Stats

242
Posts
30
Votes
Marco Chaidez
  • Flipper/Rehabber
  • Mission Viejo CA
30
Votes |
242
Posts

Recently completed and sold project in Orange County CA

Marco Chaidez
  • Flipper/Rehabber
  • Mission Viejo CA
Posted

Investment Info:

Single-family residence fix & flip investment in Buena Park.

Purchase price: $509,000
Cash invested: $30,000
Sale price: $640,000

Single Story 3 Bedroom, 2 bath Cosmetic Rehab property. Project duration 45 days. Resale Time 10 days from list date. Close of escrow 18 days.

What made you interested in investing in this type of deal?

Location, scope of work needed, price of the property.

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

Realtor found it on MLS

How did you finance this deal?

Hard Money Loan

How did you add value to the deal?

Cosmetic Rehab

What was the outcome?

Outstanding results and fast close of escrow

Lessons learned? Challenges?

Double check contractors previous completed projects before hiring them & confirm viewing there completed projects before you give them the job.

  • Marco Chaidez

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