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Updated almost 10 years ago on . Most recent reply

User Stats

683
Posts
190
Votes
Cheryl C.
  • Investor
  • Reston, VA
190
Votes |
683
Posts

2 deals in 6 days

Cheryl C.
  • Investor
  • Reston, VA
Posted

After a little dry spell I've got 2 flips under contract in 6 days.  Both close 4/30.  My contractor will be busy but he has been crying the blues about no work.  #1 was a Hubzu, under contract after 2 and a half months of bidding.  I got it as a back-up bid and expect to net 60 or 70K.  The second one happened starting at 5pm today and ending about an hour ago.  An mls property came up at a crazy low price.  I ran the comps and bought it sight unseen.  It's just a condo (both are) and I have a pretty good idea of what it needs and how much it will cost.  I'm fairly certain that I'll net 50K. Both are in a hot area (Ballston for the locals) and should go fast. That's it for a little while, although I am selling 2 rentals in June.

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