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Updated almost 10 years ago on . Most recent reply
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Personal Record! My shortest rehab turnaround ever! 66 days from close to close.
I believe I'm about to close on a property 66 days after I bought it on Sept 6th. I've sold some in less time but never a full rehab and never to an individual buyer. It went under contract on the first day on the market, October 10th, but that contract fell through quickly, and I was able to put it under contract the next day. Mortgage company was able to fund it in just over a month.
I wish I could say this is typical, but it is not. I have two more scheduled for closing at the end of the month which went on the market in July and September respectively. I also have been hold two properties for over a year. UGH!
Nevertheless, I'm exceedingly happy about the short turnaround time for this one.
Most Popular Reply
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Congrats- This will be my new record to beat- My best days so far was one that I sold in August that my days from close to close was 76 days to an end buyer who got a 30 day loan and it was a 4 week full rehab.