3658 E 143RD CLEVELAND
Updated Progress
04/23/25
All rehab work has been successfully completed, and the property is now awaiting appraisal for a cash-out refinance. The appraisal is expected to take place within the next few days, with the entire process anticipated to be finalized by the end of the month. Everything is progressing smoothly toward closing.
04/10/25
Rehab is nearly wrapped up—so close to the finish line! The only tasks remaining are the installation of a wall-mounted electric heater in the seventh bedroom and a quick adjustment to the stair railing. Just waiting on the heater to be delivered, and once that’s in, the final touches can move quickly. If all goes as expected, everything should be completed by the end of this week or early next week. From there, it’s full steam ahead to order the new appraisal, finalize the cash-out refi, and get everything paid off ASAP. Everything’s coming together, and it’s about to fall perfectly into place.
04/03/25
Great news—another major milestone has been reached! All “subject to” items from the first appraisal are officially completed, marking a significant step forward. With everything checked off, the new appraisal has been ordered today. Once the updated appraisal report comes in, the next big move will be proceeding with the cash-out refinance. Things are lining up smoothly, keeping momentum strong as the project moves closer to the finish line.
03/17/25
02/18/25
The property rehab is progressing smoothly, with a cash-out refinance in motion for D STR. Key milestones have been achieved, and the process is expected to be completed within a week or two, ensuring all payments are settled in full. No issues or delays have been encountered, and the property remains on track financially. At this stage, no further significant actions are required, and the property will stay on the market. Photos can be accessed through the market listing for reference.
01/25/25
The property rehab is progressing as planned, with 75% of the scope of work already completed and the remaining tasks on track for completion by February. The project is staying within budget, and the next significant step involves finishing touches to the assigned scope. A minor issue arose with the lead inspection, which is being addressed. Photos for the PML will be provided later, as only videos are currently available. Discussions with the realtor regarding marketing the property or retaining it are ongoing. The overall outlook is positive and on schedule.
01/22/25
The progress is going smoothly, with the contractor confirming that the team remains on track to complete the project around February 1. The rehab is staying within budget, and additional photos and details have been requested for an update. These will be shared as soon as they are received.
Before and After
1st Month
2nd Month
