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10 Day Real Estate Flip w 16% ROI! Step by Step List of how we did it!

Day 1 December 21, 2015 ~ We closed escrow on the purchase. We also had been discussing the purchase with an investor prior to our purchase. As soon as we closed on it, we put it back in escrow the same day. The investors offer was contingent upon him viewing it once it was rehabbed. The EMD and buyer's due diligence period was to begin after the rehab was complete. Day 2 December 22, 2015 ~ The rehab/demo began. I also contacted the future tenant and explained that the rehab has begun and that he should be able to move-in in about 5 days. Day 3 December 23, 2015 ~ We tried to get as much of the rehab done as possible since Christmas was quickly approaching. We also worked diligently on getting title all the info they needed so they could update the prelim, get the HOA name transferred to us, so Title could get the updated HOA demands on time for close. After sending the HOA the update deed we also paid an extra $50 to put a rush on the HOA demands so we could close on time. Day 4 December 24, 2015 ~ There was a half day of rehab done on this day due ... more

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