Just Acquired Bryan Ave

Look At This Beauty 👀

Why We Bought This Home:

• Well kept home = simple flip

• Owners wanted out, therefore we got a good purchase price

• $140k Spread - $30k projected profit

• Located in East Bench, SLC - coveted high end neighborhoods

Deal Breakdown:

1. Wholesaler brought deal to us (will teach you how to find these ppl)

2. Purchase Price: $560k

3. Comped at $700k (conservatively)

4. $50k rehab needed

5. Private money lended us $635,064.47 = Purchase + closing costs + rehab money(more on this later)

6. Put up collateral to get full loan

7. Was required to put up $5k earnest money out of pocket

With only $5k out of pocket we were able to acquire this gem because:

• Our lender loves the deal

• We provided collateral

• 3 years of a positive relationship with the lender

The Goal

Finish rehab in 4 weeks.
Sell it in 3-4 months.
Profit $30-35k

Stay tuned for updates!

Best,
Alta Vida Team