David Fornelli

Nopali Properties, LLC in South Pasadena, CA

David Fornelli with Amanda Fornelli and Oscar Bustos

This deal came from browsing the MLS daily! We submitted an offer at the end of January 2021. Initially, the offer did not get accepted. However, two months later, the listing agent emailed us asking if we were still interested in the deal. We said yes, of course, and after some negotiations, we were able to negotiate the price down ever further! The deal was funded using mostly hard money. Overall, the home was in good shape, needing cosmetic upgrades and a new septic system. We kept watching the market appreciate month after month, as the short term rental market in the hi-desert is red-hot, thus our ARV increasing month after month.