Investment Properties

Fix & Flip Property

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Property Location:

1150 Del Norte Drive

San Bernardino, CA

This is a Fix & Flip property just purchase in June 2011.  This 3 Bedroom 1 Bath house was boughtALL CASH through a Bank.  Renovation of the property is currently underway.  

This property is part of an ongoing real estate investing strategy of purchasing REO properties to Fix and Flip, or rent for cash flow.

Anatomy of the Del Norte Project:

Purchase Price: (Including Closing Costs) $88,500

Rehab Estimate: $15,000

All in Cost of Project: $103,500

Estimated Selling Price: $145,000 to $150,000

Total Estimated Project Turnaround Time:  120 Days

Below are some pictures of the properties during the renovation process.

Kitchen

Bathroom

Living Room

Dining Area

Click HERE for the “After Pictures”