Home Flipping In Orlando Florida
March 3, 2010 by Mike Calvert · 1 Comment
Do you ever wonder what happened to some of those Mid Florida Investment Properties you passed on? Here is an update where these properties stand at the moment. I can’t share the contract price on the pending properties until they close. I will tell you that most of the offers are at asking price or more. We have a lot of rehabs almost ready to go on the market and I will keep you updated on the new and the pending properties below. The MFIP price is the wholesale price and the listed price is the price after the properties were rehabbed. 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 www.buymfip.com for properties just like these.
Mike,
When selling a property retail, does the property have to be seasoned i.e. owned by seller for more than 6 months? FHA guideline?