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
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
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 :
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
To Your Prosperity
Cell: 302-540-7692 FASTEST RESPONSE
Philamaison will make a donation to the charity of your choice upon closing
PHILADELPHIA HAS APPRECIATION, CASHFLOW AND RANKED #7 ON FORBES' LIST
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