Nadine Tyree Rehab Deal

 

Nadine Tyree Rehab Deal

Vivus Home Solutions in Carlsbad, CA

This was a bank owned property that had rats and needed a complete overhaul. I went over by 20K but knew I had plenty of room in the deal

Rehab Details

Property City: Fallbrook
Property State: CA
Purchase Price: $360,000
Repair Costs $100,000
Holding Costs: $29,900
Sale Price: $579,000

* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use.



Case Study

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

I went to a REIA meeting to find Trillion. I used Grand Coast on the first deal but they were just too expensive.


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

Completely remodeled everything down to the electrical outlets. New Drywall, bathrooms, kitchen, all paint baseboards, crown molding etc.


How did you find a buyer for the property if you sold it?

I have a real estate agent who works with me.


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

Make sure you keep on your contractor.


Shout Outs & Testimonials

Shout out to the entire program as I couldn't have done it without all of you!




Before & After Photos