Situation:

Although this property is located in a flood zone, it was not damaged by Hurricane Sandy and already meets the elevation requirements for the area, so the home only requires some light rehab in order to turn a sizable profit for these investors. After a thorough power wash, upgraded lighting, and new brushed nickel hardware, the exterior of the house will be all but complete. For the interior, most of the work will involve updating the kitchen and baths and sprucing things up with new paint, hardware, and floor polish. We can’t wait to see the result of this hard money fix and flip loan!