Bootcamp and New REO Deal

We just spent the last 5 days at a Raising Private Money bootcamp in Denver and we had a great time. The event was put on by my friends at Fortune Builders. We learned alot of info, met some great people and made quite a few new business contacts.

Now it’s back to work……

We closed on our first ever REO/MLS purchase last week. Working with the bank and closing the deal went very smooth. This property does need work, we are going to be installing new siding, new windows, adding a new kitchen and redoing both bathrooms. The major problem with this property is the way the second floor bathroom is layed out. They built the tub into the sloping roof line of the house, so if you are over 5 foot 6 there isn’t enough head room to take a shower. To fix this we are going to be gutting the bathroom and rearranging the layout to make it more functional.

Here are some pictures of the house;

Front View

Rear View

Kitchen

Kitchen

First Floor Bath

Living Room

Living Room 2

Dining Room

Second Floor Bathroom

Second Floor Tub built into Roof Line

Bedroom 1

Bedroom 2

Bedroom 3

 This house has 4 Bedrooms 2 Full Baths and 1,500 square feet.  It has a really nice floor plan and is gonna look great once we’re done with the renovation.