Friday, September 25, 2009

Currently I have two gut rehabs going on simultaneously, a six family under contract.
And a two family home we are hoping to sell today!
To say the least I have a lot of my plate.

But with a great team in place on the field and behind the scenes everything is working smoothly, and I am having a blast doing it!










285 Ellison two family comtplete gut rehab.

WE purchase 285 Ellison out of foreclosure for $50,000 on August 29th 2009
It is a large two family home consisting of two large bedrooms on the first floor
and seven bedrooms, two baths on the second and third floor. The home is in need of a complete gut rehab.
Some of the major repairs consist of installing all new.

• Roof
• plumbing
• electric
• kitchens
• bathrooms

We intend on being into the home with purchase and improvement for a total of $100,000
The sold comparables for this exact street in the past 4 months sold for $230,000 to $240,000 We purchased this home with intentions of flipping it.

Follow me through the rehab and selling process and let’s see just how much we will net on this deal!








Wednesday, September 23, 2009

318 Van Houten Paterson NJ

We purchased this property out of foreclosure on August 28 2009. for $55,000

This property consists of two single family homes on one lot.

Our goal is to completely rehab the property with the game plan of flipping it.

Sold comparable on this street for the past 4 months sold for $225,000

We expect to be into this home with purchase and improvement for a total of $85,000