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!