Possible Inglewood Flip...

[Anthony Johnson]

Hey BP,

My Wife and I are thinking of selling our property in Inglewood, CA

its a SFR

3bed + 1bath

1,015 sqft and 

6,747 sqft lot size

built in 1942.

Last August it appraised for $365k...AS IS! Selling it for that price would generate a profit but I think we could get more if we fixed it up first. By adding an additional bathroom to the master and upgrading the existing bathroom, interior/exterior paint, upgrading the landscaping, the property should sell for more. Selling this property would generate capital to fund future REI's.

Issues: NO Capital, NO experience, NO Idea of cost!

I'm hoping to get some wisdom/guidance from the network.  I'm certain you know more about fixing and flipping than we do.