Not expected living flip
Investment Info:
Single-family residence other investment in Villa Park.
Purchase price: $135,000
Cash invested: $50,000
Sale price: $293,000
This was not expected living flip in progress during first 4 years working full time job.
What was done:
- full kitchen remodel
- replaced all plumbing
- new duct work with insulation
- relocate and redesign fireplace
- full 1st bath remodel
- add 2nd full luxury bath (double shower, bidet, radiant heat)
- convert sun room to 4th bedroom with radiant heat flooring
- replaced all windows
- upscale woodwork inside
- repaint whole house inside and outside
First 4 years forced equity and another 4 years market bring us another surprise with icing on the cake (market going up).
This year 2019 decided to cash out hard work and moved out from IL to another state TN.
Planning to fully enter real estate game here in Knoxville/Maryville TN area.
Currently looking for my primary residence here using cash out from IL.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Vickie C. Soupos REMAX
