How Acquired – Online Marketing Response/ call from motivated seller
Asset Type – Single Family Residence (SFR) in suburban Northeast subdivision of contemporary homes
How Funded – “Self Directed” IRA
Objective – “Buy-Fix & Flip”
Scope of Work –Located and fixed sewer line leak in concrete slab and then leveled the foundation. The remaining project included cosmetic interior/ exterior painting and minor repairs; new wood laminate flooring; landscaping.
Exit Strategy (Outcome) – Rehabbed, then marketed as “For Sale by Owner”. Sold retail to buyer represented by a Realtor. Accepted buyer’s offer above full asking price, funded via VA financing,