re: Selling stock to buy foreclosure

Plan is definitely to get my wife’s shite out of taking over the house. There is decorating shite everywhere. If she stops doing her business then I could sell it.

My 1900 sq foot comp was for a similarly run down home on a worse lot (slopes into a valley near interstate). Also it was old wood while the one I’m looking at is brick. The $300k estimation of course assumes some renovation. I’m saying if I buy it right and renovate for a total investment under $250k then I’m confident I could sell for $300k. $190 a sq ft is typical for my neighborhood.

My contractor is very good and pretty cheap. He renovated my current home and another I just sold. I got him from the realtor I use for everything. She is an experienced flipper and buys at auctions regularly. She gave me this one as it’s next door to me and she prefers to flip outside of city limits as she thinks the code inspectors are ridiculous. She’ll handle the auction for me.