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25
Posts
9
Votes
Henry Sims
  • Investor
  • Rutherfordton , NC
9
Votes |
25
Posts

Diary of a new flippers, 1st flip, Chapel Hill NC

Henry Sims
  • Investor
  • Rutherfordton , NC
Posted

I just closed on this 3 bed 1 1/2 bath 1152 sq ft house in Chapel Hill NC. Found it on the MLS listed for $125K. I offered $107,500 thinking that that was a really good lowball offer and they said yes! Comps around the house ranged from $155-$195 and I'm swinging for the top end of that!

House needs: new kitchen, both bathrooms, flooring throughout, interior paint, landscaping, and some rooms have sagging floors. 

Most Popular Reply

User Stats

874
Posts
218
Votes
Barbara G.
  • Hartsdale, NY
218
Votes |
874
Posts
Barbara G.
  • Hartsdale, NY
Replied

why do you think the refrigerator will be better on the right?

What kind of kitchen cabinets and what color?

Are you furnishing the washer and dryer or just the hook ups?

Why are the floors sagging and what are you going to do about them.

What are the holding costs and what is your time frame

It looks like it will be good

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