Dave andBeth Lundon Rehab Deal

 

Dave andBeth Lundon Rehab Deal

B and D Home solutions in Peoria, IL

Seller purchased for his daughter and started demolition. She made other plans. He is busy running a restaurant which we go to on occasion.(more now) we have had several free meals and free coffee or soda for life he says. Plus made a friend. He has a friend that is a contractor as well. People come in and offer him cheap houses and he does not want any more rentals so will now refer them.

Rehab Details

Property City: peoria
Property State: IA
Purchase Price: $4,500
Repair Costs $35,000
Sale Price: $60,000
Gross Profit: $20,000*

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Case Study

How did you find and structure the financing of this deal?

cashed some stocks which were declining anyway


Provide a summary of the repairs and improvements you made to the property.

just beginning. have picture of proposed kitchen at the end


What are some of the major lessons learned that you would like to share with other students that they can learn from?

keep checking craiglist in your area


Shout Outs & Testimonials

knowing the lingo what to say




Before & After Photos