All Forum Posts by: John Weidner

these lots are for owner occupants and surrounding neighbors not investors 

I would recommend Alside or Advanced.  I've heard OK things about Crystal but have never personally used them.  

@Nikki Kofkin

Probably recommend avoiding the judicial sales and pick up an mls deal or fsbo.  I don't think the deals are at the judicial sales right now.   

Also your $20K in instant equity would be wiped by closing costs and commission if you needed to unload it.    

Personally I'd spend some more time farming an area to see what you can do with that $200K.  Other option is to talk to a hard money lender like Renovo to see if you can get additional funding beyond this initial loan

Hold tight - I personally would not do any price reductions until 2nd week of August.   Market is always dead in heat of summer 

In regards to renting - you've just taken a brand new finished home and made it used .  I do not recommend it.  If you went in to flip it then flip it.  

One comment - I do not see a Garage - could that be the issue?

@Ann Folan

AC's need to go in after drywall and before hardwood goes down so the hardwood can acclimate for a few weeks to the house.   Plus the trim guys work better if the house is cool.   

I don't know how in a high end rehab you could avoid putting AC's in at the last minute specifically for the hardwood reason I just mentioned 

$65 installed and capped so usually about $250 a window 

@Account Closed

Sent you a PM I know a great 3 flat in a NW side pocket that might be exactly what your looking for 

finishes look good. 

 I'll just say though I'm not a fan on your sink placement looks awkward.  I see you needed to fit a dishwasher in so I'm sure it drove the decision

@Lam N.

And an amateur whose never rehabbed a house is more credible than someone running a business.  Keep moving Pal.  

probably don't hear about your strategy because serious investors treat this as a business and have separate residences

What you are selling in this strategy is a used house with some Remodeling.  You are not able to market the property as a fresh rehab as it's not.  You've lived in it and cooked, showered etc. in the property  There is no newness that people seek right now.   But if it's your only option I think it's better than doing nothing