Investor success in Covington

This Covington buy, fix and sell project was, perhaps, the quickest project yet.  Although it took the bank over three months to resolve some title issues, once we were cleared to close and finalized the purchase, my investor client was off and running.  Originally designed as a rental purchase, once we closed, it was determined that it could also be resold at a profit.  The IDENTICAL house two doors down sold at a very high price during the time we waited on the bank.  That comparable home, two doors down, was not even listed when we went under contract. It sold for more than asking in a few days.  So, it was decided that this purchase would make a good resale.  3 week remodel, 1 week on the market, several offers received.  The home sold at $374,888 which was $6,000 over asking.  30 days to for the lender to close and VOILA 63 days start to finish. On to the next one!

19213 SE 263RD ST
  • 19213 SE 263RD ST COVINGTON
  • MLS 1538902
  • SOLD IN 6 DAYS FOR $374,888
  • 2 BDRM 2 BATH RAMBLER

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