Joshua Ellison

Blue Horizon Property Group, LLC in Lone Tree, CO

I purchased this deal from a Wholesaler. This property was a unique 4-story split level home with a detached 2-car garage located in West Denver. It was definitely part of the Ugly House Club! rnHowever the house had direct views of Broncos Stadium, and the Denver skyline it’s only 12-minutes away from downtown and had a lot going for it. After inspecting the home we discovered that most of the issues were cosmetic. rnOnce the deal analysis was completed, we were able to procure the purchase amount from a hard money lender and funded the rehab entirely from private money lenders who happen to be among our closest friends.rnThe scope of work included the following:rn- Replaced aged and failing siding with Vinyl siding throughoutrn- Replaced all windows with new, double-paned vinyl windowsrn- Replaced dilapidated deck entirely with new, two-story redwood deckrn- Replaced aged and failing fencing with new, six-foot privacy fencern- Replaced all carpet and paddingrn- Remodeled both bathroomsrn- Removed all old flooring and installed engineered wood flooring on entire main floorrn- Replaced all light fixtures and electrical outletsrn- Complete interior paint job with new baseboardrn- Repainted detached garagern- Landscaping “clean slate”, including removing all overgrowth and replacing with rock, edging and straw in preparation for spring sod installationrnOnce all of the work was completed down to the punch list, the house was under contract in 6-days! The first buyer pulled out and it was under contract a 2nd time days later. We closed on February 15th, 2019, 5-months after we purchased the property. rnrn