First Deal in the books-73 days

[David Kosiorek]

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)

[Taylor Chiu]

@David Kosiorek 

Great work! Are you doing conventional loans for your buy and holds?