Seller took my offer and we are in contract

[David Mamsa]

Ok this may take a bit of work but ARV looks good.

Contract Price: $354. Should close in late March
Estimated repair: $30-40K (Kitchen, two baths, paint, flooring and minor roof repair)- I have a cushion of around $10K
Rehab time: 2-3 months
ARV $490-510.

4/2 1600 sq ft in Livermore, CA . Hopefully the market stays hot into spring and summer.

This will be my first pre-2000 built flip so it will be a good learning for me as I am trying to expand. With a full time job this will be interesting.