Project Description

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,