Flip That House

The bank just turned down my offer of $106,000 for the property. They countered at $239,000 this time. They didn’t come down as dramatically this time as last time. But I am determined to Flip That House on Polk Street. I don’t want to let this one get away.

I know what you’re thinking - don’t get emotionally attached. I’m not, it’s still just numbers to me and a potential project. I just have to give it my best shot. If it doesn’t work - so be it.

I have a lot of pictures that I took of the property. Now is the time to let the bank see just what the house looks like. So I am going to email a bunch of the pictures showing how bad it is now (especially the worst ones) along with a brief on why they should sell it to me as I can handle the problems and actually do the property some good. It includes a list of some other properties I have done as credentials. This way the bank can be assured that I am not just some would be investor trying to make a quick buck. Well I am trying to make a buck, after all this is a business, but I do it as a business and I do a good job on the properties. The properties that I bring back to life ultimately help the neighborhood regain some dignity.

This time I am raising my offer to $109,000. I am sending them the pictures along with the brief and I guess we’ll see what happens. I’ll keep you posted. You can always visit www.FlipThatHouseWebsite.com for more tips and information on house flipping.