My plan with that is to paint all of the walls and fix the garage door which is all that needs to be done and occupy it for 6 mo- 1 year and then rent it out for a year and move back with ma and pa.

It sort of looks like painted concrete, but the sheen is different.ThanksJustin

I have only flipped 3 houses so far with varying hours dedicated to each...My first flip I ended up doing the interior painting, exterior painting, hardwood flooring and the kitchen tile backsplash and some miscellaneous punch list items.

However, if, as a wholesaler, you can provide real value in this area to your buyers, you will stand out above the rest... and gain a huge advantage.My student, in Jax, of all places, actually went to Home Depot and priced out stuff like counter tops, flooring, paint, appliances, fixtures, etc, etc and created a spreadsheet in excel.

Watching paint dry can be very relaxing :)

That is the scale that is slowly tipping but has a bit to go still.

We missed the window with the condos we rent now, they bottomed out at $140k and $160k for a 2br REO that needed paint/carpet then quickly climbed back to the $200k mark for similar units in just a few months.

I am seeing many more banks putting carpet and paint in on REO's to sell the home buyers instead of investors.

Any input or general tips would be helpful!

For example, if I were to find a property for 125k and it need say 25k to paint, lay some new carpet, add a washer and dryer etc., how would you raise that 25k?