House #3 is SOLD!

We purchased House #3 on October 24, 2008.  Just under 4 months later we just closed escrow.  This deal turned out to be quite profitable for us.  All of our repairs where right on budget and we ended up selling it for about $5,000 over our appraised value. Before After Before After Before After The...
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House #3, The Break-Ins, Corner Lots…

House #3 is in what we thought was a good area of our farm.  We did get a smoking deal.  After we purchased it, we realized the street was a little bit busier then we thought, but figured we would be okay. Fast forward 90 days later and we have had a whole run in of break-ins: Our...
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FHA 90 Day Flip Rule … A Major Pain

If you’re involved in flipping  houses, you probably have first hand knowledge of this rule.  If you’re wanting to get involved in flipping houses, you should know about this deal. FHA requires that: only owners of record may sell properties that will be financed using...
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House #9 Closed – Accepted Offer on House #3

House #9 Everything on House #9 went as planned, which is not very common in this business.  The escrow company that the bank picked I was nervous about, my agent has had numerous bad experiences with them.  At the end of the day, they did a professional job of being organized and...
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