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Updated over 2 years ago,

User Stats

4
Posts
1
Votes
Regina Smith
1
Votes |
4
Posts

Off market Rehab in Cincinnati

Regina Smith
Posted

I am a licensed realtor. I am active in my neighborhood (professionally and friends) and I had a neighbor call me and let me know about a vacant house that would be prime for flipping. Her father passed and she's looking to sell the house as is after it goes through probate court in september. I am so excited for the opportunity because I see so much potential. For the last few months I've been gathering quotes from my contractors and analyzing the deal. The comps support an ARV of 215k.

I’’m totally doing ‘Death of a Salesman” and taking my proposal to the local bank and asking for a business line of credit. I know I want to get into flipping and investing and this is the perfect softball for me. I’m just trying to figure out if the local bank or private money would make the most sense? 

Any questions about the property is welcome, I may need a partner for this anyway! 

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