This week started off just like last week….. with a closing on Monday and another on Tuesday. We sold the Ware House on Monday and sold 39 Brooks St on Tuesday.
The Ware House – If you remember this beauty I was up in the air about rehabbing it or just wholesaling it. We closed on it, but because it’s located about 45 minutes outside our normal territory, we couldn’t get any of our contractors to travel out and do the work…. so I ended up putting it on the MLS and got a cash buyer who is going to fix it up and live in it. We only paid $15,000 for this gem so it was pretty easy to flip it out for a quick profit.
We are still waiting on the clear to close for Hartford Terrace, we should sell that at the end of this week. We also have two more purchases lined up for next week. These last few weeks have been really crazy as we have worked through all these closings….. by the end of next week we will have closed on seven properties in total, selling four of our properties and buying three new ones! I guess when it rains it pours!!!!!
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