Rehab Updates From MFIP

 Here is another update of some of the rehabs purchased from Mid Florida Investment Properties. We have several more in the rehab process and some just now hitting the market. The market has changed since the expiration of the tax credit. The frenzy is now over and buyers have more time to look properties over. The clean rehabs that are priced right are still moving. In order to achieve a clean rehab that is priced right requires a good acquisition price. Please feel free to contact us with any buying questions you might have or our full service program.

    ADDRESS                                          MFIP BUY PRICE              SOLD PRICE

8146 Shriver dr                                            $49,000                           $90,000

1006 Barbados dr                                       $69,900                           $146,000

10660 Regency st                                       $79,900                           $135,000

                                                                                                                 PENDING

3931 Bryston dr                                            $52,500                            $97,500

7118 Budapest way                                     $52,000                            $99,900

200 Kathy lane                                              $135,000                          $349,900

Check back later for more updates

Princeton Home In College Park (Update 3)

Our 400 Princeton ave home is coming along slowly. Our permits and plans took longer than we liked but everything is approved and now things are moving along. This former 2 bedroom, one bath and 1182sqft will be transformed into a 4 bedroom, 3bath and over 2000sqft. We will do this by building out the attic space and adding a master suite with bonus room over top. Our budget for this project is $80,000 and we purchased this property for $84,500. Once complete we will be marketing this property for $325,000. I will be adding photos and comments to this blog post, so check back to see our progress.

Front view photos

Here is the before picture of the front. We will be replacing all the windows, knocking the existing stucco down and giving the home a Mediterranean stucco finish.

The stucco is now complete and ready for paint.

 Side view photos

 Before picture of side.

The addition is all framed in, new windows in the existing structure.

Side view with new stucco.

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