Orlando Home Flipping Update For May

May 22, 2010 by · Leave a Comment 

Here is our latest update on some of our recent buyer rehabs and MFIP rehabs. Nobody wanted the 3931 Bryston property so I am rehabbing it myself. I purchased 8146 Shriver in
the same neighborhood as 3931 Bryston. The rehab took under 10 days and I already have it under contract after 1 week on the market. I should be out of this property under 60 days. 3931 Bryston is going to take under 10 days to rehab and I already have interest in the property. I plan on starting 400 W. Princeton next week. My 2415 Hargill is scheduled to close in a couple of weeks. Several of our buyers are having the same results. For those who are still on the fence when it comes to flipping homes the proof is below. MFIP is rehabbing 2 and 3 at a time, buying its own inventory and making huge profits. We have
several more of our buyer's homes about to hit the market. I will give another update soon.
 
May 14 post
 

Address_____________   MFIP PRICE___List/Sold Price__  Status

7951 Winter Song dr           $69,000            $134,500       Sold

6440 Rockaway st               $49,000            $95,000        Sold

2415 Hargill dr                     $112,000         $239,999        Pending

8146 Shriver dr                    $49,000            $94,500        Pending

1006 Barbados                     $69,900            $148,000      Pending

10660 Regency                    $79,900            $145,000      Pending

3931 Bryston                        $52,600          MFIP Rehab  Coming Soon

400 W. Princeton                 MFIP Rehab     Starting Next Week

 

April 23 post

Address                            MFIP Price      List/Sold Price     Status

537 W. Winter Park st        $130,000            $235,000         Sold

1946 Colton dr                    $55,000             $113,000         Sold

3914 Pelican ln                   $112,000            $192,000         Sold

5107 Taunton dr                $67,000               $110,000         Sold

1832 Willow ln                   $82,000               $175,000         Sold

7951 Winter Song dr           $69,000                $134,900      Pending

6440 Rockaway st              $49,900                $99,500       Pending

2415 Hargill dr                            $112,000                  $245,000          Available

8146 Shriver  dr                 $49,000                $110,000      Available

March 3 Post

Address                             MFIP Price      List Price     Status

537 W. Winter Park st            $130,000       $255,000   Pending

7951 Winter Song dr             $69,000          $134,900   Pending

6440 Rockaway st                 $49,900          $99,500     Pending

1946 Colton dr                      $55,000          $113,900   Pending

3914 Pelican ln                     $112,000        $200,000   Pending

5107 Taunton dr                  $67,000          $137,500    Pending

1832 Willow ln                     $82,000           $179,900    Pending

2013 Lake dr                       $114,500          $212,500    Sold

31 Areca dr                           $52,000           $122,900   Sold

7751 Boreas dr                      $75,000           $130,000    Sold

 

Contact Mike Calvert (407-702-4900) for any questions on how to get started.

About Mike

Mid Florida Investment Properties, LLC owner Mike Calvert has been buying and selling real estate in Central Florida for over 18 years. Get a seasoned investor as your partner for a fraction of the profit. We handle the transaction from start to finish!

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