Hello Folks,
Can you do a flip in this market? YES YOU CAN. We can negotiate me buying down 
points if you are using hard money.  Here is a shell that is in the Fishtown 
area of Philadelphia:
2408 Coral St Philadelphia PA
Price: 55K entertaining ALL offers
Sqft: 1100                        
Rehab amount: Approximately $60K Shell condition - total rehab bring a 
contractor. I have two contractors that can look over the job as well.
Bedrooms: 3 or 4
ARV: See comps
Description: Yes there are high number of retail sales and flips that are 
still going on in the city. There have been three rehabs done within the past 
year within walking distance of the subject property. Most of the cleanout and 
gutting has been done. There is a new brick front and new 
stairs. 2416 Coral Street was recently rehabbed and was a total burnout just 
last year. Serious inquiries only. Seller V-E-R-Y motivated. Comps are solid

MLS and Private Sale Comps
Address                        dist   

2536 Tulip St
2009 Memphis St         0.38     2/06/2009  $165K             
2341 E. Fletcher St       0.4      4/20/2009  $160K       

Also, space is available but limited for the July A-R-V in the City Tour of 
Philadelphia. The demand for June's tour knocked my socks off. It's the only 
one of it's kind because the tour is built around your real estate career. It's 
a first come first serve tour with only three seats available.  Here is a 
testimonial  from Joy F. who attended the tour on April 11, 2009 :
Hi Nedra!
Hope your week is going well so far...
I just wanted to say thank you. I so enjoyed Saturday's tour! 
I can't even begin to describe how helpful it was. I came back to NY more 
focused and motivated than ever! 
Again...the tour was great; rain and all! lol
Big Thanks!!!

To Your Prosperity
Nedra Jean
Cell: 302-540-7692 FASTEST RESPONSE
Philamaison will make a donation to the charity of your choice upon closing


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