Feb. 14, 2024
Jenny's Journey: $40k First Flip Profit in Just 3.5 Months in Oregon
This interview is with our awesome FlipSisters Coaching Program Member Jenny in the Portland area who made $40,000 in just 3.5 months using creative financing.
She is a mother of young children and works remotely.
The time and financial freedom that real estate investing can bring were the things that most inspired her to finally chase this dream she had of flipping a house.
In her first 12 months in our program, she completed 2 flips and bought a 3rd!
In this episode we cover:
- How she found her first flip
- How she financed it all using a combo of hard money and a HELOC
- The surprises that increased her repair budget by nearly 50%
- How buffers and a conservative ARV saved the day
- How her real estate agent didn't understand the FHA Rule around flips - we have to be our own advocates!
- The neighbors' reactions to the home she created
…and so much more.
GOODIES
1. THE book on women flipping houses is here! Click here to grab the digital download of my new book for just $4.99! Just as everything else we do is different, so is FLIPPED: Lessons and Stories of Women Flipping Houses and Facing Their Fears.
2. Sick of sitting on the sideline watching other people do the thing you want to be doing? Are you FINALLY ready to do what it takes to flip your first house and want incredible step-by-step training and support to get you there faster? Click here to see if we may be a fit to work together.
3. Follow That Flip! Follow this 8-part video series as we flip a house!
4. Our goal is to inspire 1,000 new women each month and we've been achieving it with help from loyal listeners like you! If you are getting value out of this podcast will you kindly leave us a rating and review and help us spread our message?
5. Are you a real estate agent tired of chasing the same potential clients as everyone else? Sick of the roller coaster commission? Get the REI Agent Pro Certification! Click here for info and to join the waitlist.
The Flipsisters
Leaving people and places better than we find them.
00:01 - Interview With Successful Female House Flipper
11:20 - House Renovation and Sale Experience
18:29 - First Flip Experience and Future Plans
24:37 - Flipping Houses
WEBVTT
00:00:01.383 --> 00:00:17.431
You're listening to the Flip Houses Like a Girl podcast, where we educate, empower and celebrate everyday women who are facing their fears, juggling family and business, embracing their awesomeness and wholeheartedly chasing their dream of flipping houses.
00:00:17.431 --> 00:00:27.690
Each episode delivers honest to goodness tools, tips and strategies you can implement today to get closer to your first or next successful house flip.
00:00:27.690 --> 00:00:31.466
Here's your spiky-haired breakfast taco-loving host.
00:00:31.466 --> 00:00:34.073
House flipping coach Debbie DeViery.
00:00:40.420 --> 00:00:41.685
Hey, thanks for hanging out with us.
00:00:41.685 --> 00:00:47.250
Today I am introducing you to one of our flip sisters in the Portland area.
00:00:47.250 --> 00:00:58.953
Her name is Jenny and she completed her first flip and since recording this she's actually completed and sold her second flip.
00:00:58.953 --> 00:01:09.917
So she is going to walk us through all of the things how she found it, how she financed it, the issues that came up, the challenges, her lessons learned.
00:01:09.917 --> 00:01:11.724
You know all the good stuff we love.
00:01:11.724 --> 00:01:19.721
She made a $40,000 profit in three and a half months on her first flip and guess what?
00:01:19.721 --> 00:01:20.927
She's hooked.
00:01:20.927 --> 00:01:33.691
She found the perfect balance between her creative side and her business side and she says flipping houses really just integrates all of the things, and I have to agree.
00:01:33.691 --> 00:01:34.472
All right.
00:01:34.472 --> 00:01:38.608
So let's get into this interview with Jenny.
00:01:38.608 --> 00:01:43.108
Let's start with your name and where you are.
00:01:43.108 --> 00:01:48.930
A little bit about who you are, a little bit of your story, what you're up to in the world, if you do something other than this.
00:01:49.640 --> 00:02:09.265
My name is Jenny and I have a three and a six year old, so I spent a lot of time being a mom and then I've worked for the same company for like 20 years and the great thing about it is it's super flexible, and the not so great thing about it is it doesn't pay very much.
00:02:09.265 --> 00:02:12.109
So, yeah, I was just looking for something.
00:02:12.109 --> 00:02:13.727
I've done a few entrepreneurial things.
00:02:13.727 --> 00:02:18.831
That's the blessed thing about my day job is that I can do, you know, try new things.
00:02:18.831 --> 00:02:27.645
And I started out selling products on Amazon and I did really well doing that and I just I loved the freedom and I got a taste of that.
00:02:27.645 --> 00:02:31.090
And, you know, I got it to the point where it was pretty passive.
00:02:32.002 --> 00:02:35.409
And then I had two kids and I, you know, kind of dropped that.
00:02:35.409 --> 00:02:38.608
And then, you know, I kind of came upon on this.
00:02:38.608 --> 00:02:42.349
I had remodeled my house and I had always kind of thought about it.
00:02:42.349 --> 00:02:53.900
And then, of course, HGTV, like everyone says, and it just kind of was something that kept creeping up on me and it was like that little whisper that I kept hearing like, you know, why don't you try this?
00:02:53.900 --> 00:02:58.512
And it was just so big, you know, it was just so big that it took me a while.
00:02:58.512 --> 00:03:03.564
But you know, when you have two kids and you're paying for childcare, you got to do something different.
00:03:03.564 --> 00:03:14.931
So so the voice got louder and you know, just one thing kind of came together after another and the next thing, you know, my life is totally changed and that amazing.
00:03:15.420 --> 00:03:16.062
What kind of work do?
00:03:16.082 --> 00:03:16.283
you do.
00:03:16.283 --> 00:03:26.467
I worked for the Nielsen TV ratings and I just do sample selection for them and things are changing, so there's not a whole lot of stability with that as well.
00:03:26.467 --> 00:03:35.270
So and it was just always kind of a flexible situation where I could, you know, work 20 hours or 40 hours and do something else if I wanted to, and not if you know.
00:03:35.270 --> 00:03:40.768
It's just it always worked out that it would just kind of be when I needed it, and if I didn't, I could do something else.
00:03:40.768 --> 00:03:52.324
So and it, you know it kind of started me out because then I was able to buy a house and then I use that house for my key lock and you know, that's that's what helped me out a lot with this, this career.
00:03:52.685 --> 00:03:54.829
That's amazing, okay, so let's jump into it.
00:03:54.829 --> 00:03:55.911
Let's talk about your first flip.
00:03:55.911 --> 00:03:58.100
Okay, how?
00:03:58.100 --> 00:03:59.246
How did you find it?
00:04:00.602 --> 00:04:09.311
You know, I just I was looking everywhere but I ended up finding it on MLS, which for my first flip felt most comfortable just to have a state agent.
00:04:09.311 --> 00:04:17.285
I had found another one before that with the wholesaler and had it was a little tricky and didn't work out and so it ended up just.
00:04:17.285 --> 00:04:27.572
I started looking more on the MLS and I did find this and there wasn't pictures or there wasn't like so much competition and we put in a bed and it got got accepted.
00:04:27.572 --> 00:04:29.586
When did you close on the purchase?
00:04:29.586 --> 00:04:33.687
I would close on March 27th, okay.
00:04:34.189 --> 00:04:36.425
Yeah and then okay.
00:04:36.425 --> 00:04:38.406
So what was the purchase price?
00:04:39.879 --> 00:04:42.028
It was 335,000.
00:04:43.122 --> 00:04:44.689
And where are you again?
00:04:44.689 --> 00:04:46.812
You're in the Portland area, yeah, yeah.
00:04:48.060 --> 00:04:50.384
We were in a Portland, we were 10.
00:04:50.685 --> 00:04:57.267
Yeah, and then, okay, so how did you fund the purchase?
00:04:59.833 --> 00:05:12.410
I did use a hard money lender and then I was able to tap into my HELOC for the rest of it and yeah, I got pretty decent rates and I was super happy with the hard money lender.
00:05:12.410 --> 00:05:22.622
They were really easy to work with and I guess hard money lending kind of scared me at first, but these guys were professional, they were great, they were amazing.
00:05:22.622 --> 00:05:24.970
I really enjoyed working with them.
00:05:26.252 --> 00:05:32.004
So what did you initially think the rehab budget was going to be?
00:05:32.004 --> 00:05:34.889
This is always a fun question.
00:05:37.937 --> 00:05:41.345
Yeah, I mean I thought it was going to be around $40,000.
00:05:41.345 --> 00:05:59.730
It was a lot more than that, but I also overestimated all the purchase and holding and selling costs, so it balanced out a little bit and then I had a pretty big buffer, so it still worked out, but it was quite a bit more than I thought.
00:05:59.730 --> 00:06:00.012
Yeah.
00:06:00.132 --> 00:06:03.079
All about the buffer man, yeah, okay.
00:06:03.079 --> 00:06:04.942
So what did the rehab end up being?
00:06:06.711 --> 00:06:07.853
It was 63,000.
00:06:07.853 --> 00:06:09.536
So quite a bit higher.
00:06:10.338 --> 00:06:15.257
Were there some big surprises that caused that, or what happened there?
00:06:15.497 --> 00:06:22.533
I think there was a couple of things where I just really underestimated some things that I thought were going to be minor.
00:06:22.620 --> 00:06:46.324
This wasn't an unusual house, it wasn't something I could look up on Thumbtack, which is one of my favorite places to help themselves, but this tenant had sharpied all over the windows and the windowsills and just a lot of interesting things that didn't have experience with that and didn't find people that had experience with that.
00:06:46.343 --> 00:06:55.132
And I heard like, oh, you just send different cleaners and whatever that people were sure it was going to come off and it didn't.
00:06:55.132 --> 00:07:05.677
So it was like this little thing turned into a really big deal and certainly didn't include it in the rehab the way I should have.
00:07:05.677 --> 00:07:12.557
But we got it and didn't break the bank, but it was little things.
00:07:12.557 --> 00:07:18.577
It was definitely a lot of little things that really really cut it up.
00:07:18.577 --> 00:07:38.437
And yes, the repair of the repairs was like a genuine line item for me at this point, because the guy would come in and he'd demo the door and that was his job, but then the drywall got messed up and it was all of these repairs that caused more repairs and I didn't rebudget for like the repair that would be needed.
00:07:39.177 --> 00:07:40.120
I totally get that.
00:07:40.120 --> 00:07:46.918
I just went to a project and they took off like one of these 1970s mirrors.
00:07:46.918 --> 00:07:50.024
That's just the mirror against the drywall right.
00:07:50.024 --> 00:08:00.516
They pried it off but damaged all the sheetrock around it and I'm like, guys, this doesn't have to happen.
00:08:00.516 --> 00:08:04.572
These have screws that you just take the screws out and the glass comes off.
00:08:05.053 --> 00:08:07.341
But yeah, I get it, I know, I totally get it.
00:08:07.341 --> 00:08:18.281
Oh gosh, even like the crawlspace guy, you know, he went up and when he put the hatch thing back in it like cracked and it was because it was old, you know and it was just like oh God.
00:08:21.004 --> 00:08:26.916
So were there any big surprises that you came across, any big issues?
00:08:28.560 --> 00:08:38.995
Yeah, and this is one of the things I learned is that you know I was trying to be competitive and you know, I know this was like a major no, but I did an inspection until after, afterwards.
00:08:38.995 --> 00:08:46.663
So you know I it was a newer house, so I felt like I could do that just because I knew the systems were okay in the roof and the siding.
00:08:46.663 --> 00:09:09.272
I knew enough to know that and so you know, but there was like there was like a rat infestation in the crawlspace and you know, and it's just the mindset was constantly a thing, because when he did that inspection and I had already bought the house, you know he went, he opened that hatch and he just went, whoa.
00:09:09.312 --> 00:09:22.250
You know he just started making all these like horrible noises oh gosh, oh God, you know, but like in my heart of hearts, I knew it was a good house and you know.
00:09:22.250 --> 00:09:30.596
And then you know, I was surprised that some of the bids, like the first guy, came out for this crawlspace and it was $7,000.
00:09:30.596 --> 00:09:33.722
And I was like that's crazy, dude do it right.
00:09:34.110 --> 00:09:40.923
Dude put insulation and rodent removal and vapor barrier, yeah yeah.
00:09:40.923 --> 00:09:47.325
So that was certainly one of my lessons is just ride the wave, is you know?
00:09:47.325 --> 00:09:51.554
Just ride the wave because the next guy was like $2,500.
00:09:51.554 --> 00:09:54.081
And you know he was amazing.
00:09:54.081 --> 00:09:57.008
So it's so important.
00:09:57.107 --> 00:10:04.471
It's so important to get multiple bids, even if you like, even if you like that guy that came out Yep, yeah, two, two mini splits.
00:10:04.471 --> 00:10:12.330
I just got bid bids for installing too many splits and the first guy came in at $10,000.
00:10:12.330 --> 00:10:14.474
And I was like, well, that's ridiculous.
00:10:14.474 --> 00:10:21.104
The last mini split I put in was pre-COVID and so I thought I don't think so.
00:10:21.104 --> 00:10:27.091
Maybe they went up like maybe all of this is that much more, and then the next guy came in at like 4800.
00:10:27.091 --> 00:10:31.716
And then the third guy came in at 5k and I was like, okay, so the first night is way wrong.
00:10:31.716 --> 00:10:34.344
Yeah, but, yeah it.
00:10:34.344 --> 00:10:40.600
But I liked the guy and I almost was just like, yeah, sure, come on, make good choices and get multiple bids, yeah.
00:10:40.860 --> 00:10:41.864
Yeah, it was.
00:10:41.864 --> 00:10:45.817
It would have been easy to just do that just because there's so many bids on this house.
00:10:45.817 --> 00:10:46.580
But you know that's what I'm saying.
00:10:46.580 --> 00:10:48.042
Yeah, the items.
00:10:48.042 --> 00:10:50.865
I really did always get a three to even five bids.
00:10:50.865 --> 00:10:51.205
Yeah.
00:10:51.865 --> 00:10:54.028
Okay, so rehab 63.
00:10:54.028 --> 00:10:58.113
How long before you put it back on the market?
00:10:58.113 --> 00:11:00.274
So you said March.
00:11:00.274 --> 00:11:01.921
You bought it in March, right yeah?
00:11:01.980 --> 00:11:07.149
end of March, march 27th, and then I think we had it listed right around May, I want to say May 18th.
00:11:07.149 --> 00:11:09.214
It was like six to seven weeks.
00:11:09.900 --> 00:11:13.890
All right, so any other big things that came up, big surprises.
00:11:15.889 --> 00:11:16.714
I don't think so.
00:11:16.714 --> 00:11:17.258
Yeah, yeah.
00:11:18.323 --> 00:11:19.870
So then you list it.
00:11:20.394 --> 00:11:21.158
How did that feel?
00:11:21.158 --> 00:11:21.600
Was that scary?
00:11:21.600 --> 00:11:24.023
It was scary, you know.
00:11:24.023 --> 00:11:26.745
I remember the guy like he was my buddy by the end.
00:11:26.745 --> 00:11:37.600
You know, we were just like the last couple of days kept doing things and you know, at one point I was just like, oh my God, it's like that cooking show, where they're, they have, like you know, 60 minutes to make the meal and then they just have to be done.
00:11:37.600 --> 00:11:44.832
And I was like I was like I had to tell them that I think I've been like, I think we're done because it's it's live.
00:11:44.832 --> 00:11:48.087
Actually, right now we're done, we have to stop.
00:11:48.087 --> 00:11:54.600
I realized there could just you could just go on and on and on, but that lasts the details at the end.
00:11:55.360 --> 00:11:59.047
Yeah, yeah, I did those completely for sure.
00:11:59.047 --> 00:12:02.373
Yeah, so it felt amazing.
00:12:02.373 --> 00:12:03.975
I mean it really.
00:12:03.975 --> 00:12:09.446
That first week, you know, when I had all the drywallers coming in and I was like it was a messed up house.
00:12:09.446 --> 00:12:15.539
It was somebody who had mental health issues and he had punched and kicked and torn out 75% of the drywall.
00:12:15.539 --> 00:12:22.370
And you know, people walked into that house and they, they, they all, like it was just, it was I would.
00:12:22.370 --> 00:12:24.712
I would say like wait for it, three, two, one.
00:12:24.712 --> 00:12:28.964
And then they would say, whoa, wow, you know, it was just.
00:12:28.964 --> 00:12:35.714
It just smacked you up inside the head to walk into this house and see the level of destruction that had happened.
00:12:35.714 --> 00:12:47.044
You know, when we listed it, you know I just started people would walk into that house and they would say, wow, you know totally different way, and it was just the most amazing feeling to have that juxtapose.
00:12:47.044 --> 00:12:53.014
You know that beginning and end of that process to come together like that was just amazing.
00:12:53.620 --> 00:12:56.188
That was a huge transformation then.
00:12:57.100 --> 00:12:59.025
Yeah, it was Absolutely.
00:12:59.025 --> 00:13:00.831
This house was broken.
00:13:02.160 --> 00:13:03.683
What was the exterior like?
00:13:03.683 --> 00:13:04.846
Like were the neighbor like?
00:13:04.846 --> 00:13:08.594
Was it this sore thumb stuck out, or was it really just inside?
00:13:09.100 --> 00:13:09.582
It was.
00:13:09.582 --> 00:13:14.878
I mean, the neighbors would say you know, that was like they always wanted somebody to come fix that house up.
00:13:14.977 --> 00:13:15.600
It wasn't terrible.
00:13:15.921 --> 00:13:21.152
I mean I didn't think it was terrible, but you know there was junk and it was there but it wasn't like.
00:13:21.152 --> 00:13:24.600
You know it wasn't anything compared to the inside.
00:13:24.600 --> 00:13:30.706
But you know they it was very sweet because they all would come over and say just thank you so much.
00:13:30.706 --> 00:13:41.596
Thank you so much because they had been dealing with this neighbor who was mentally unwell and you know police were out there all the time and you know they couldn't have their kids playing outside.
00:13:41.596 --> 00:13:44.082
So you know it was a big deal to have.
00:13:44.082 --> 00:13:44.563
You know.
00:13:44.563 --> 00:13:52.274
You know, have a new neighbor who you know they could feel safe around, come in and you know I really appreciated just how much they appreciated it.
00:13:52.274 --> 00:13:54.885
I felt good that it was so helpful.
00:13:54.885 --> 00:14:00.600
You know, especially when they were out there with their kids and not wanting their kids to play outside, I was like oh, that's horrible.
00:14:01.081 --> 00:14:09.094
Yeah, so okay, what were you initially thinking your sales price would be?
00:14:09.094 --> 00:14:11.307
What were, what was the ARV initially?
00:14:12.081 --> 00:14:24.206
I think I went, I was trying to go low just to be conservative, and I said, like you know, 469 is kind of what I was like wanting to have work, got it, got it and then hoping it would go up a little bit.
00:14:24.206 --> 00:14:24.921
Sure.
00:14:25.764 --> 00:14:26.868
What did you list it at?
00:14:28.043 --> 00:14:29.580
We listed it at 489.
00:14:30.087 --> 00:14:32.445
Okay, so you put it on the market.
00:14:32.445 --> 00:14:33.067
And then what happened?
00:14:34.442 --> 00:14:35.847
It didn't go as fast as I thought.
00:14:35.847 --> 00:14:41.530
You probably remember that, yeah, I mean it was obviously spoiled.
00:14:41.530 --> 00:14:44.009
It was like a week and I was like, hey, what's going on?
00:14:44.421 --> 00:14:44.982
I'm the same way.
00:14:44.982 --> 00:14:47.450
That's why I don't list my own properties anymore.
00:14:47.450 --> 00:14:50.830
I fired myself because I am my own worst client.
00:14:51.380 --> 00:14:52.706
I imagine how hard that would be.
00:14:52.706 --> 00:14:52.907
Yeah.
00:14:53.441 --> 00:14:54.203
But it's scary.
00:14:54.565 --> 00:14:57.107
Yeah, it is In that area.
00:14:57.107 --> 00:14:59.467
Things were pending within two or three days.
00:14:59.467 --> 00:15:02.368
Even though it took a week, it was a very long week.
00:15:04.043 --> 00:15:04.285
Yeah.
00:15:04.399 --> 00:15:05.684
Was it only a week?
00:15:05.684 --> 00:15:11.913
Yeah, I think the offer came in a week after, like seven or eight or nine days.
00:15:11.913 --> 00:15:18.852
Then we had to go back and forth because it came in 15 under and I was ready to go there.
00:15:18.852 --> 00:15:25.466
I was trying to buy time for a better bit, honestly, because I wanted to go through it.
00:15:25.466 --> 00:15:28.729
I used my whole time up to accept or not accept.
00:15:28.729 --> 00:15:32.428
We went back and forth like probably three or four times.
00:15:33.120 --> 00:15:34.004
What did you land on?
00:15:34.105 --> 00:15:37.590
finally, we landed on Dot Buyer 49.
00:15:37.590 --> 00:15:39.927
I think we landed on like 483.
00:15:40.760 --> 00:15:43.929
That's so funny that it was only a week, because I remember you posting.
00:15:43.929 --> 00:15:47.807
Yeah, I thought maybe it was closer to a month.
00:15:47.807 --> 00:15:49.845
That's funny.
00:15:49.845 --> 00:15:53.488
Oh my gosh, we are definitely twins in that area.
00:15:53.508 --> 00:15:53.587
Yeah.
00:15:53.668 --> 00:15:54.149
For sure.
00:15:54.149 --> 00:15:57.046
Yeah, it was a long week.
00:15:57.046 --> 00:16:01.270
Oh gosh, did they end up closing on it?
00:16:02.062 --> 00:16:04.018
No, they did the exact same.
00:16:04.018 --> 00:16:12.254
They terminated on the inspection because, basically, the roof wasn't brand new and the siding wasn't brand new.
00:16:12.254 --> 00:16:13.183
That was what they said.
00:16:13.183 --> 00:16:16.188
Everything, like the systems, were not brand new.
00:16:16.188 --> 00:16:24.750
They were cash buyers, so I think they thought they had a little more like leeway or something, but everything was in great working order.
00:16:24.750 --> 00:16:26.926
There was nothing, no issues, anything.
00:16:26.926 --> 00:16:28.942
So I wasn't yeah, it's all cash.
00:16:28.982 --> 00:16:30.562
In the end, it's all cash.
00:16:30.562 --> 00:16:34.823
There's no difference to you, right, I can wait an extra two weeks.
00:16:34.823 --> 00:16:39.765
Yeah, exactly, exactly, ok, so that one didn't pan out.
00:16:39.765 --> 00:16:47.269
And then how long after it came back on, because that's always such a bummer, it's like oh, I don't want to put it back on the market.
00:16:47.379 --> 00:16:58.788
People are going to think something's wrong with it, totally, totally, and I thankfully did not have to put it back on because in the midst of the haggling we did get another offer which my real estate agent missed.
00:16:58.788 --> 00:17:09.385
But, yeah, but we did wind up having them as backups so we at least didn't have to go back on and they were about our own ways.
00:17:10.240 --> 00:17:11.525
What did you end up selling at?
00:17:11.525 --> 00:17:12.347
I guess I should add.
00:17:13.260 --> 00:17:17.390
We ended up selling full price, but we gave like a 5K closing cost.
00:17:17.390 --> 00:17:20.164
Ok, so 484.
00:17:20.244 --> 00:17:29.492
Basically, yeah, Was there anything that came up with them with their inspection or anything came up during the escrow of that?
00:17:29.492 --> 00:17:30.561
Yeah, oh yes.
00:17:32.961 --> 00:17:41.587
I had heard you say something about the FHA loan and this is where I would say really, really vet your real estate agent, because they matter, it matters.
00:17:41.720 --> 00:17:53.152
And I was just so busy with the house that and this guy just kind of like kept being persistent and I was like, well, if he's as persistent with me, I kind of let up a little bit and I got the wrong real estate agent.
00:17:53.152 --> 00:17:57.352
But I had asked her about because I didn't even meet her.
00:17:57.352 --> 00:18:07.886
He like handed me to somebody else and when I asked about that FHA clause she was like, oh, no big deal, Because they were originally conventional and then they wanted to switch to FHA.
00:18:07.886 --> 00:18:16.586
And then I asked her I know that there's like a 90 day window thing and I asked her and I didn't double check and she said, oh no, there's no issue with that at all.
00:18:16.586 --> 00:18:23.573
She was saying that it was 90 days from when I closed to when they put the offer in.
00:18:23.573 --> 00:18:29.086
So it was more of a ride than needed to be, but it works out.
00:18:29.086 --> 00:18:38.604
And we did have to completely resign all the sales agreements and do all that stuff and it was OK, but it was stressful.
00:18:39.240 --> 00:18:39.963
Yeah, it's real.
00:18:39.963 --> 00:18:45.486
Did you have to turn over your receipts or anything, because I've had to do that with FHA?
00:18:45.486 --> 00:18:48.147
I did not, I was expecting that they didn't.
00:18:48.319 --> 00:18:53.696
The appraisal just was like literally hardly heard anything about that.
00:18:53.696 --> 00:18:54.539
There was no issue at all.
00:18:54.660 --> 00:18:56.307
And you didn't get a second appraisal.
00:18:59.655 --> 00:19:01.642
I think there was maybe a second appraisal yeah.
00:19:02.070 --> 00:19:04.317
What else Did anything else come up?
00:19:06.955 --> 00:19:10.054
Not really, Other than having to redo the entire sales agreement.
00:19:10.054 --> 00:19:11.337
It was a super smooth.
00:19:11.337 --> 00:19:16.173
Their inspection requests were so minimal I couldn't even believe it.
00:19:16.173 --> 00:19:22.800
And it was easy and it was pretty smooth sailing, with the one exception.
00:19:23.371 --> 00:19:25.211
Yeah, Okay.
00:19:25.211 --> 00:19:28.159
From purchase date to closing date.
00:19:28.159 --> 00:19:28.941
How long was that?
00:19:30.653 --> 00:19:35.595
March 27th through July 14th, so like three and a half months, is that April?
00:19:36.332 --> 00:19:36.853
That's amazing.
00:19:36.853 --> 00:19:37.797
What was your profit?
00:19:37.797 --> 00:19:40.218
It was just over 40,000.
00:19:40.218 --> 00:19:41.855
That's pretty great.
00:19:41.855 --> 00:19:44.738
Yeah, I want to win.
00:19:44.738 --> 00:19:46.494
That's pretty great.
00:00:01.383 --> 00:00:17.431
00:00:17.431 --> 00:00:27.690
00:00:27.690 --> 00:00:31.466
00:00:31.466 --> 00:00:34.073
00:00:40.420 --> 00:00:41.685
00:00:41.685 --> 00:00:47.250
00:00:47.250 --> 00:00:58.953
00:00:58.953 --> 00:01:09.917
00:01:09.917 --> 00:01:11.724
00:01:11.724 --> 00:01:19.721
00:01:19.721 --> 00:01:20.927
00:01:20.927 --> 00:01:33.691
00:01:33.691 --> 00:01:34.472
00:01:34.472 --> 00:01:38.608
00:01:38.608 --> 00:01:43.108
00:01:43.108 --> 00:01:48.930
00:01:49.640 --> 00:02:09.265
00:02:09.265 --> 00:02:12.109
00:02:12.109 --> 00:02:13.727
00:02:13.727 --> 00:02:18.831
00:02:18.831 --> 00:02:27.645
00:02:27.645 --> 00:02:31.090
00:02:32.002 --> 00:02:35.409
00:02:35.409 --> 00:02:38.608
00:02:38.608 --> 00:02:42.349
00:02:42.349 --> 00:02:53.900
00:02:53.900 --> 00:02:58.512
00:02:58.512 --> 00:03:03.564
00:03:03.564 --> 00:03:14.931
00:03:15.420 --> 00:03:16.062
00:03:16.082 --> 00:03:16.283
00:03:16.283 --> 00:03:26.467
00:03:26.467 --> 00:03:35.270
00:03:35.270 --> 00:03:40.768
00:03:40.768 --> 00:03:52.324
00:03:52.685 --> 00:03:54.829
00:03:54.829 --> 00:03:55.911
00:03:55.911 --> 00:03:58.100
00:03:58.100 --> 00:03:59.246
00:04:00.602 --> 00:04:09.311
00:04:09.311 --> 00:04:17.285
00:04:17.285 --> 00:04:27.572
00:04:27.572 --> 00:04:29.586
00:04:29.586 --> 00:04:33.687
00:04:34.189 --> 00:04:36.425
00:04:36.425 --> 00:04:38.406
00:04:39.879 --> 00:04:42.028
00:04:43.122 --> 00:04:44.689
00:04:44.689 --> 00:04:46.812
00:04:48.060 --> 00:04:50.384
00:04:50.685 --> 00:04:57.267
00:04:59.833 --> 00:05:12.410
00:05:12.410 --> 00:05:22.622
00:05:22.622 --> 00:05:24.970
00:05:26.252 --> 00:05:32.004
00:05:32.004 --> 00:05:34.889
00:05:37.937 --> 00:05:41.345
00:05:41.345 --> 00:05:59.730
00:05:59.730 --> 00:06:00.012
00:06:00.132 --> 00:06:03.079
00:06:03.079 --> 00:06:04.942
00:06:06.711 --> 00:06:07.853
00:06:07.853 --> 00:06:09.536
00:06:10.338 --> 00:06:15.257
00:06:15.497 --> 00:06:22.533
00:06:22.620 --> 00:06:46.324
00:06:46.343 --> 00:06:55.132
00:06:55.132 --> 00:07:05.677
00:07:05.677 --> 00:07:12.557
00:07:12.557 --> 00:07:18.577
00:07:18.577 --> 00:07:38.437
00:07:39.177 --> 00:07:40.120
00:07:40.120 --> 00:07:46.918
00:07:46.918 --> 00:07:50.024
00:07:50.024 --> 00:08:00.516
00:08:00.516 --> 00:08:04.572
00:08:05.053 --> 00:08:07.341
00:08:07.341 --> 00:08:18.281
00:08:21.004 --> 00:08:26.916
00:08:28.560 --> 00:08:38.995
00:08:38.995 --> 00:08:46.663
00:08:46.663 --> 00:09:09.272
00:09:09.312 --> 00:09:22.250
00:09:22.250 --> 00:09:30.596
00:09:30.596 --> 00:09:33.722
00:09:34.110 --> 00:09:40.923
00:09:40.923 --> 00:09:47.325
00:09:47.325 --> 00:09:51.554
00:09:51.554 --> 00:09:54.081
00:09:54.081 --> 00:09:57.008
00:09:57.107 --> 00:10:04.471
00:10:04.471 --> 00:10:12.330
00:10:12.330 --> 00:10:14.474
00:10:14.474 --> 00:10:21.104
00:10:21.104 --> 00:10:27.091
00:10:27.091 --> 00:10:31.716
00:10:31.716 --> 00:10:34.344
00:10:34.344 --> 00:10:40.600
00:10:40.860 --> 00:10:41.864
00:10:41.864 --> 00:10:45.817
00:10:45.817 --> 00:10:46.580
00:10:46.580 --> 00:10:48.042
00:10:48.042 --> 00:10:50.865
00:10:50.865 --> 00:10:51.205
00:10:51.865 --> 00:10:54.028
00:10:54.028 --> 00:10:58.113
00:10:58.113 --> 00:11:00.274
00:11:00.274 --> 00:11:01.921
00:11:01.980 --> 00:11:07.149
00:11:07.149 --> 00:11:09.214
00:11:09.900 --> 00:11:13.890
00:11:15.889 --> 00:11:16.714
00:11:16.714 --> 00:11:17.258
00:11:18.323 --> 00:11:19.870
00:11:20.394 --> 00:11:21.158
00:11:21.158 --> 00:11:21.600
00:11:21.600 --> 00:11:24.023
00:11:24.023 --> 00:11:26.745
00:11:26.745 --> 00:11:37.600
00:11:37.600 --> 00:11:44.832
00:11:44.832 --> 00:11:48.087
00:11:48.087 --> 00:11:54.600
00:11:55.360 --> 00:11:59.047
00:11:59.047 --> 00:12:02.373
00:12:02.373 --> 00:12:03.975
00:12:03.975 --> 00:12:09.446
00:12:09.446 --> 00:12:15.539
00:12:15.539 --> 00:12:22.370
00:12:22.370 --> 00:12:24.712
00:12:24.712 --> 00:12:28.964
00:12:28.964 --> 00:12:35.714
00:12:35.714 --> 00:12:47.044
00:12:47.044 --> 00:12:53.014
00:12:53.620 --> 00:12:56.188
00:12:57.100 --> 00:12:59.025
00:12:59.025 --> 00:13:00.831
00:13:02.160 --> 00:13:03.683
00:13:03.683 --> 00:13:04.846
00:13:04.846 --> 00:13:08.594
00:13:09.100 --> 00:13:09.582
00:13:09.582 --> 00:13:14.878
00:13:14.977 --> 00:13:15.600
00:13:15.921 --> 00:13:21.152
00:13:21.152 --> 00:13:24.600
00:13:24.600 --> 00:13:30.706
00:13:30.706 --> 00:13:41.596
00:13:41.596 --> 00:13:44.082
00:13:44.082 --> 00:13:44.563
00:13:44.563 --> 00:13:52.274
00:13:52.274 --> 00:13:54.885
00:13:54.885 --> 00:14:00.600
00:14:01.081 --> 00:14:09.094
00:14:09.094 --> 00:14:11.307
00:14:12.081 --> 00:14:24.206
00:14:24.206 --> 00:14:24.921
00:14:25.764 --> 00:14:26.868
00:14:28.043 --> 00:14:29.580
00:14:30.087 --> 00:14:32.445
00:14:32.445 --> 00:14:33.067
00:14:34.442 --> 00:14:35.847
00:14:35.847 --> 00:14:41.530
00:14:41.530 --> 00:14:44.009
00:14:44.421 --> 00:14:44.982
00:14:44.982 --> 00:14:47.450
00:14:47.450 --> 00:14:50.830
00:14:51.380 --> 00:14:52.706
00:14:52.706 --> 00:14:52.907
00:14:53.441 --> 00:14:54.203
00:14:54.565 --> 00:14:57.107
00:14:57.107 --> 00:14:59.467
00:14:59.467 --> 00:15:02.368
00:15:04.043 --> 00:15:04.285
00:15:04.399 --> 00:15:05.684
00:15:05.684 --> 00:15:11.913
00:15:11.913 --> 00:15:18.852
00:15:18.852 --> 00:15:25.466
00:15:25.466 --> 00:15:28.729
00:15:28.729 --> 00:15:32.428
00:15:33.120 --> 00:15:34.004
00:15:34.105 --> 00:15:37.590
00:15:37.590 --> 00:15:39.927
00:15:40.760 --> 00:15:43.929
00:15:43.929 --> 00:15:47.807
00:15:47.807 --> 00:15:49.845
00:15:49.845 --> 00:15:53.488
00:15:53.508 --> 00:15:53.587
00:15:53.668 --> 00:15:54.149
00:15:54.149 --> 00:15:57.046
00:15:57.046 --> 00:16:01.270
00:16:02.062 --> 00:16:04.018
00:16:04.018 --> 00:16:12.254
00:16:12.254 --> 00:16:13.183
00:16:13.183 --> 00:16:16.188
00:16:16.188 --> 00:16:24.750
00:16:24.750 --> 00:16:26.926
00:16:26.926 --> 00:16:28.942
00:16:28.982 --> 00:16:30.562
00:16:30.562 --> 00:16:34.823
00:16:34.823 --> 00:16:39.765
00:16:39.765 --> 00:16:47.269
00:16:47.379 --> 00:16:58.788
00:16:58.788 --> 00:17:09.385
00:17:10.240 --> 00:17:11.525
00:17:11.525 --> 00:17:12.347
00:17:13.260 --> 00:17:17.390
00:17:17.390 --> 00:17:20.164
00:17:20.244 --> 00:17:29.492
00:17:29.492 --> 00:17:30.561
00:17:32.961 --> 00:17:41.587
00:17:41.720 --> 00:17:53.152
00:17:53.152 --> 00:17:57.352
00:17:57.352 --> 00:18:07.886
00:18:07.886 --> 00:18:16.586
00:18:16.586 --> 00:18:23.573
00:18:23.573 --> 00:18:29.086
00:18:29.086 --> 00:18:38.604
00:18:39.240 --> 00:18:39.963
00:18:39.963 --> 00:18:45.486
00:18:45.486 --> 00:18:48.147
00:18:48.319 --> 00:18:53.696
00:18:53.696 --> 00:18:54.539
00:18:54.660 --> 00:18:56.307
00:18:59.655 --> 00:19:01.642
00:19:02.070 --> 00:19:04.317
00:19:06.955 --> 00:19:10.054
00:19:10.054 --> 00:19:11.337
00:19:11.337 --> 00:19:16.173
00:19:16.173 --> 00:19:22.800
00:19:23.371 --> 00:19:25.211
00:19:25.211 --> 00:19:28.159
00:19:28.159 --> 00:19:28.941
00:19:30.653 --> 00:19:35.595
00:19:36.332 --> 00:19:36.853
00:19:36.853 --> 00:19:37.797
00:19:37.797 --> 00:19:40.218
00:19:40.218 --> 00:19:41.855
00:19:41.855 --> 00:19:44.738
00:19:44.738 --> 00:19:46.494