My first flip

[Alex Aronson]

Hello,

I typically buy turn-key properties to add to my rental portfolio. However, with new financing restrictions I can no longer do a cashout refinance to get my down payment funds back for my next deal.

Therefore, I am chaining my investing strategy where I flip two homes and use the proceeds to buy my next rental.

I just secured a contract on a home that needs the following work.
-New A/C old one was stolen
-replace 1 window
-paint exterior and interior
-new carpet upstairs
-remove carpet downstairs and refinish hardwood floor which is underneith
-plaster work around a chimmny
-fence work
-yard work
-light fixtures

My question to the board is what should I do first. I know I need to replace the window and have the fence fixed up so to help secure the property. After that, I am thinking I need to do the following roughly in this order.
-get chimmy plastard
-rip out old carpet
-get house painted inside and out
-start yard work
-put down new carpet
-refinish hard wood
-replace light fixture
-A/C unit replaced

-My goal is to have all work done in 4 weeks. Any advise. I plan to use contractors for all work from my local REIA