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COMMERCIAL PROPERTY PURCHASE+FLIP!

-This client came to us looking to broaden his real estate portfolio by financing this 6 Unit Apartment complex to flip and sell for a profit.


-We negotiated with investors and lowered the purchase price to $650k! We also secured a construction loan for him to remodel each unit inside and out.


-After remodeling the property he had the building reevaluated to be worth over $1.6 million, gaining him over $800,000 in equity!!


-As a final result the property is now bringing him an extra $8750/MONTH in rental income!!


**CLIENT GAINED OVER $800,000 IN EQUITY, NOW COLLECTING $8750/MONTH IN RENTAL INCOME!



#refinance #property #realestate #mortgage #house #home #building #business #smallbusiness #finance #bank #money #loan #loans #loanofficer #broker #reinvest #invest #investing #cash #property #landlord #owner #fundsourceinc #chasecapital

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© 2019 by Fund Source & Chase Capital, Burbank (CA) - NMLS Number 116487 -

DRE Number 01049524 - Corporation NMLS ID # 116012 - Corporation DRE ID Number 01432096