Some deals come down to confidence, knowing exactly what you are walking into and who you are walking in with.
This Spring Valley property sat on unstable fill soil, a common challenge in the area. The slab was cracked front to back, running through the living space and garage. It was also tenant-occupied, which added another layer of complexity.
Before the deal ever hit the market, our acquisitions and dispo teams went to work. We brought in our contractor and a structural specialist to inspect and bid the repair, confirming a full foundation repour. With that report in hand, we built out an above-average renovation budget for a conforming single-family home of its size. Transparency upfront helped position the deal clearly for investors who could handle the scope.
From there, we leaned on a long-term buyer relationship. This investor had closed with us before and had the experience to take on structural work most would avoid. The numbers were tight, but the trust was solid enough to get both sides comfortable with a fast close and a shared understanding of the project’s potential.
Here is what this deal delivered:
This was the kind of deal that tests process and partnership, and it proved both.