Hey Fellow DGers!
We finally got another deal going! After near burnout from doing a fix and flip a year ago with us doing most of the work(made $20K on that one) we kept searching and searching and found an estate which was selling the house after relative passed away. We offerred and counter-offerred for a week and settled on $68K and we clean out the house. Lots of furniture, appliances, and "stuff". We will carpet, paint, update kitchen and bath and spruce up outside with some new landscaping and new gutters / downspouts.
We ran comps and it should sell fast for $125-130K. Rehab at approx. $25K. A nice $32K profit when all said and done. Listing agent will sell for us as he is a deal making machine.
It's all good. We're looking for our next deal down here in southeastern Indiana.
Thanks Dean and EDGE 2012 for the information, encourgagement, and motivation.
Life is good!
"We cannot change yesterday. We can only make the most of Today and work with hope and inspiration towards a better Tommorrow."