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Updated about 2 years ago on . Most recent reply

Dawn Roy's profile image
Dawn Roy's profile image
Dawn Roy
  • Real Estate Broker
  • from Midlothian, VA
  • Member since Mar 30, 2017
  • Posts 71
  • Votes 40
  • Experience 12 Yrs
  • Investments 7
Connect

User Stats

71
Posts
40
Votes
Dawn Roy's profile image
Dawn Roy's profile image
Dawn Roy
  • Real Estate Broker
  • from Midlothian, VA
  • Member since Mar 30, 2017
  • Posts 71
  • Votes 40
  • Experience 12 Yrs
  • Investments 7
Connect
Dawn Roy
  • Real Estate Broker
  • Midlothian, VA
40
Votes |
71
Posts
Real Estate Deal Analysis & Advice

Highland Springs Hoarder House

Dawn Roy
  • Real Estate Broker
  • Midlothian, VA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $114,000
Cash invested: $45,000
Sale price: $285,000

Off market hoarder house including two boats on trailers and a big block engine in the back yard. New Kitchen, roof, deck, flooring throughout, interior paint, HVAC, water heater and appliances. Quiet neighborhood near the Richmond Airport.

Behind the scenes: the renovation went quickly but the FHA buyer had some hiccups and took longer to close than expected. Nonetheless, she closed. Happy New Year 2023!

  • Dawn Roy
0 Votes
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