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All Forum Posts by: Miranda Wallo

Miranda Wallo has started 1 posts and replied 3 times.

Post: spending on an REO property even before closing

Miranda WalloPosted
  • Fredericksburg, VA
  • Posts 3
  • Votes 0

Just in case it wasn't obvious.... you can pick up an oven/stove on craigslist for $100 easy. :) 

Post: What to do with a 300 sqft finished garage?

Miranda WalloPosted
  • Fredericksburg, VA
  • Posts 3
  • Votes 0

Thanks Eddy! (Hey! Small World!)

It is in addition to the 5 bedrooms and is, indeed, just awkward extra space. 

I did catch our lender's appraiser as he was appraising the house and he also gave great advice...the house has plenty of bedrooms, 2 living/family rooms, and the weird garage room would just make more sense as a garage. He appraises the space at $5,000 whether it's a garage or "finished living area". PLUS he told me how we can add just a few small changes to a "Florida room" addition on the back of the house to qualify it as "finished living area" and recoup 160 sqft of the 300 lost from the garage space! 

Post: What to do with a 300 sqft finished garage?

Miranda WalloPosted
  • Fredericksburg, VA
  • Posts 3
  • Votes 0

Greetings from Fredericksburg, VA! :) This site has been incredibly helpful in helping us make our way into our first flip! She's a little gem straight out of the 70's...seriously looks like the Brady bunch lived here.

2,700 sqft (300 of that is a finished 1 car garage) 5 bedrooms, 3 baths

We don't know what to do with the finished garage space. Should we turn it back into a garage or leave it as finished living area? The garage door has been removed and a sliding glass door appears to have been nicely installed in it's stead.

Thanks so much for your advice! :)

~ Miranda