Buy/Hold Investor Looking to do 1st Flip in LeDroit Park (WDC)

[Nicole Allen]

Looking for a seasoned investor to assist/consult on my 1st Flip. I’m working with an aging family member who currently has a reverse mortgage on the property. I would like to do a 2 unit condo conversion instead of SF. Would love to speak offline about the particulars.

Current mortgage about 500K

Current value about 700K

ARV approx. 1.2M

Flagler Place NE, WDC

Thanks

Nicole Allen

President of Operations

Allen-Norris Permitting and Inspections