This is a major fixer. M-A-J-O-R.Thousand Oaks but--- Only 2 BR, 1 1/2 BA. No kitchen, HVAC or water heater. I can only imagine what the plumbing is like, but if this was my project if I didn't see copper repipe already done, I'd plan on doing it. This is a big lot so you should be able to add a trick master suite, but hoo boy, what a project. Makes sense at around 175 k for the house another 100 k on improvements, ask $550,000 sell at $530,000. So if the bank plays ball and you have money to burn or an HGTV production company backing you up, you could do a quick double in 180 days. What do you say? Are you in?
a professional's POV and discussion of Real Estate and whatever else catches my eye
Sunday, March 14, 2010
Fixer opportunity-Cash only
This is a major fixer. M-A-J-O-R.Thousand Oaks but--- Only 2 BR, 1 1/2 BA. No kitchen, HVAC or water heater. I can only imagine what the plumbing is like, but if this was my project if I didn't see copper repipe already done, I'd plan on doing it. This is a big lot so you should be able to add a trick master suite, but hoo boy, what a project. Makes sense at around 175 k for the house another 100 k on improvements, ask $550,000 sell at $530,000. So if the bank plays ball and you have money to burn or an HGTV production company backing you up, you could do a quick double in 180 days. What do you say? Are you in?
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