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Updated over 9 years ago on . Most recent reply

User Stats

61
Posts
13
Votes
Martin Peter
  • Investor
  • Fairlawn, OH
13
Votes |
61
Posts

Flip #2

Martin Peter
  • Investor
  • Fairlawn, OH
Posted

Just closed on my second Fix and Flip property.  This one is an all cash transaction that took 3 weeks from first walk-through to closing.  It is an 800 Sq/Ft 2 BR 1BA that needs some work in Cuyahoga Falls, OH.  I will update kitchen, bathroom and floors.  It needs new siding, gutters and windows.  There is also an unfinished second story that I plan on turning into a nice Master suite with a full bath and walk in closet.  The added square footage and full bath will really turn this into a winner.  Meeting with the contractor tonight to finalize things and will get started immediately.  Plan is to have it ready to go and on the market 4/1.

I'm very excited for this one.  My goal is to get 3 done this year so I need to get cracking.  

Most Popular Reply

User Stats

61
Posts
13
Votes
Martin Peter
  • Investor
  • Fairlawn, OH
13
Votes |
61
Posts
Martin Peter
  • Investor
  • Fairlawn, OH
Replied

@Tyron McDaniel my budget is 35k for the rehab.  It may not be the best price I can find but I am very happy with the work that my contractor did on the last house and he is GC the project as well, I only have one person to get after on this project unlike the last time.  

@Tim G. Here are some pictures.

This is the upstairs I'm going to finish with the master bedroom and bathroom.

Kitchen

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