House #2 : I Own It!

I finally closed on the purchase of House #2 yesterday.  There were some delays along the way, and this week there was an easement issue that caused us to have to wait on a right of way deed from the courthouse.  We finally received the documents late Thursday, and the closing package was finished and closed Friday evening. 

I’ll begin renovations next week and the major work will begin Tuesday 10/22 (unless I can finally close on House #3 next week, in which case I’d start rehab on that house instead).  The money on this deal will be tighter than I would have liked so I’ll have to be sure not to over-do things on the rehab.  I still have to get some final estimates on flooring and countertops, but I hope to keep the rehab cost around $14,000. 

I’ll post some more photos and updates as the project moves along.

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