Got a new flip property today.

[Margaret Webb]

YEAHHHH. I got another flip property today. # 36.   A real beater. Am looking forward to getting into it. Looks like it needs all but the math works. On paper should be good.  It is a foreclosure so the owner has 20 days to get out and I can start.  

My contractor is going on vacation and then can start.  I think it needs new roof, gutters, downspouts, electrical, plumbing, a lot of drywall, kitchen, 2 baths, trim, doors, flooring and paint.  And hopefully not a lot of other fixes pop up.  Its a cute 1914 cottage.  Did a similar last year so intend to use the same products to finish.  

I'm excited.  Got it at $168k.  Needs about $80k and padded on another $20k as in these old houses I've had incredible surprises and should go for about $400k.  This should work.