Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
First Deal in the books-73 days
73 days from purchase to sale, with 20 days left to closing or sooner. Bought an REO (townhouse) for $65,139 (cash) put almost 28k (cash) in and just locked into a contract for 129k with 0 buyers assist. If I can figure out how to post before and after pictures, i'll get those up.
At this point, I'm already closing on another townhouse in the same area on 9/12 but I'll save that success story for the next time. In terms of my 2014 goals (I'm still fairly new to BP), I have just 1 rental and hopefully can get another 2 by the end of the year and should be able to buy and sell atleast 1 more additional property. All in all 2014 is looking great.
2015: Possibly making the step up to mid level properties going for larger profits (200-400k ranges)