We have never spent so much time navigating an HOA than we did with this property. In fact, the condo unit actually had 2 HOA’s. Flipping a condo is a beast because we have to deal with all kinds of rules and regulations… and fees.
But, this project was worth it because it was a quick flip and huge transformation without a large budget. When we first obtained this property and opened the doors, we were disappointed to find out all the kitchen cabinets had been ripped out of the unit. We were hoping to be able to salvage some of the cabinets, but we ended up having to redo the entire kitchen.
This project required a new kitchen, new floors, new paint and fixtures. We also ran into an issue with the main door to the condo that required some creative problem solving. The rehab took about 4 weeks to complete and another couple weeks of paperwork. The condo was on the market for a few weeks over the holiday season and eventually sold for just under our full asking price.