Fix and Flip San Bernardino

[Joe Homs]

Investment Info:

Single-family residence fix & flip investment in San Bernardino.

Purchase price: $200,000
Cash invested: $60,000
Sale price: $368,000

Contributors:
Ryan Mitchell

BEAUTIFULLY REMODELED HOME IN SAN BERNARDINO! All new windows and interior doors. The main part of the home is a 4 bedroom 2 bath. There is 1 bed, 1 bath with a separate entrance in the back. This can be used as an ADU or as a private master suite. Lots of possibilities. All new white cabinetry in the kitchen and bathrooms, lovely white quartz countertops, new stainless steel sink, new faucet, and kitchen appliances. The updated kitchen is open and bright. New distressed flooring throughout the home, freshly painted interior with contemporary paint colors, newly installed baseboards, and fully remodeled master bathroom and full guest bathroom. Freestanding vanities in both bathrooms with new sinks, faucets, vanity lighting, and mirrors. Perfect living room space with lots of natural light. Huge backyard and room for entertaining.

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

Price

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

Cold Calling team

How did you finance this deal?

Cash

How did you add value to the deal?

Complete Remodel

What was the outcome?

Beautiful

Lessons learned? Challenges?

None

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ryan Mitchell