Wednesday, September 26, 2007

Possible flip candidate

Got a request for mortgage payoff for next week on my current flip. Looks like the buyers might close early after all - here's hoping!

Looked at a cute, cute house today that would really be mostly light cosmetics.


It has 2 large bedrooms, and had been recently updated. It appears that there was a broken pipe in the bathroom (probably freeze damage), and you can see in the kitchen picture - the beam area of the ceiling shows the damage. The bath pipes go through area this to the main waste line. That looks to be the only big issue. The rest is paint and new kitchen countertop, flooring and light fixtures. If comps work out, might go for this one!



Tuesday, September 18, 2007

Article on my last rehab.

I have posted an article on Associated Content with a synopsis of my last flip. If you would like to read that rather than go through the blog, please click here.

Saturday, September 15, 2007

Inspections and mortgage done

All inspections on the house are done, and the buyers have mortgage approval! Yay! We have asked that they move the closing date up, as now it is wasted time since all approvals are done. Hoping they agree.


Have looked at a couple places. One would have been a nice rehab if it wasn't right next to train tracks and a factory LOL!

Also, have a multi family on the short list right now. Going to look at some more next week.