For our next deal in Beverly Hills, CA, we are looking for a cash-investor-partner (joint venture).
The investment is $2,400,000.00: $1,900,000.00 for the purchase and $500,000.00 for rehab and costs. The ARV will be at: $3,200,000.00.
Then, the estimated profit should be: $800,000.00 if we sell by ourself this property.
We figure that we will be able to resell this property in about 6 months…