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  • 858.720.0229

San Diego

  • Brunswick Fix and Flip Front
  • Brunswick Fix and Flip Kitchen 2
  • Brunswick Fix and Flip Kitchen
  • Brunswick Bathroom 1
  • Brunswick Bathroom 2
  • Brunswick Backyard

Loan Amount
$585,000

Purchase Price
$680,000

Final Sale Price
$888,000

Project Details

Lantzman Lending funded this fix and flip investment in San Diego.

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February 9, 2023 by Joel

Recently funded in San Diego

We helped this client finance this fix and flip in San Diego.  We lent $585,000 on a purchase price of $680,000.  The seller had this property on the market in about 2 months, but it took an additional 3 months for the property to sell.  We are in a market where inventory is moving a little slower, and bidding wars are a little less common.   Pricing properties correctly is a key factor to your investment success.   

***Design and Savings Tip*** Many investors skip finishing the backyard, and instead they leave a blank slate for the next buyer.  Also, they do not put glass enclosures in showers and leave that up to the buyer, as well.   As the market tightens, investors need to make difficult decisions and make the right repairs and pay extra attention to costs.   

Check out article about finding the right home to buy – https://www.lantzmanlending.com/finding-the-sweet-spot-for-a-house-flip/

858-720-0229

11696 Sorrento Valley Rd, Suite 201
San Diego, CA 92121
CA-DBO CFL #603-e104 | CA-BRE #01522724

6671 S. Las Vegas Blvd., Suite 210, #228
Las Vegas, NV 89119
MLD 4649 and 4615 | NMLS 1578116

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