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Updated almost 10 years ago on . Most recent reply

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1,638
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1,060
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Cal C.
  • Investor
  • Peachtree Corners, GA
1,060
Votes |
1,638
Posts

Personal Record! My shortest rehab turnaround ever! 66 days from close to close.

Cal C.
  • Investor
  • Peachtree Corners, GA
Posted

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

User Stats

298
Posts
256
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Ophelia Nicholson
  • Involved In Real Estate
  • Hyattsville , MD
256
Votes |
298
Posts
Ophelia Nicholson
  • Involved In Real Estate
  • Hyattsville , MD
Replied

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.

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