INV Ref – PRX1073

2710 COLUMBIA AVE COLUMBIA SC

Updated Progress

05/21/25
Right now, the borrower is just waiting on the carpet install to wrap things up. Rehab is  85% completed and the goal is to have everything finished by the end of the month, and if all stays on track, they’re planning to list the property in the market shortly after that. Budget-wise, they’ve managed to stay within range. 
The borrower will be sending over some updated photos later to give you a better sense of where things stand visually.

Great news on the rehab — everything’s coming together beautifully! the projected completion date is set for 4/30/25, but with how smoothly things are moving, it’s looking like it might wrap up even sooner.

 

The borrower took the extra step of organizing all the updates in Google Drive, making it super simple to stay in the loop. Two neatly arranged folders are ready to go: one with overall progress and another with photos sorted by date.

 

The latest batch of photos landed in the 4/14/25 folder, and wow — the transformation is really starting to shine through! Take a look here:  https://drive.google.com/drive/folders/1IdLBOmFYmGzZ9w2GpaEtajw3B3j7CHCD?usp=drive_link



For the full collection of progress shots, here’s the main Progress Folder: https://drive.google.com/drive/folders/1omGycyyf9QITcUNiYRs48T1tpG10d_dW?usp=sharing

Progress is moving along well, with the approved draw in place and the rehab now about 30% complete. A new roof is set to go up soon, marking a major step forward. The electrical permit has just been secured, keeping everything on track. With an estimated completion timeframe of three to four weeks, things are shaping up quickly. Next up—getting the property listed on the market. Photos will be shared soon to highlight the transformation!

The property renovation is currently in progress, with approximately 10% of the work completed, including some electrical work, which is expected to be finished this week, along with the installation of windows. All necessary permits are in place, and no inspections are pending. The estimated timeframe to complete the rehab is 3 to 4 weeks, with no issues or delays reported at this time. The next significant action will be listing the property on the market. Photos will be provided once the renovation reaches 25% completion, as there are no changes to share at this stage.

04/14/25

04/07/25

04/04/25

03/18/25

03/07/25

SUPPORTING DOCUMENTS

SCOPE OF WORK

PDF Loading...

SIGNED PRELIM TERM

PDF Loading...

PRELIM TERM SHEET

PDF Loading...

EXPERIENCE WORKSHEET

PDF Loading...

DEAL ANALYSIS CALCULATOR

PDF Loading...