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rehab DEAL

Nick Martin

MREI Homes in Tempe, AZ
Nick Martin with Annette Martin

An agent in my office contacted us to put an offer on her son's home to get the short sale process started. The bank ended up accepting our offer and we did a light remodel (flooring, counters, paint). Total project took 85 days: 35 days rent, 30 days to remodel, sold in 2 days, closed in 18 days.

Rehab Details

Property City:
San Tan Valley
Property State:
AZ
Purchase Price:
$138,000
Repair Costs:
$15,000
Sale Price:
$206,000
* 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 the FortuneBuilders team and resources help you to accomplish this deal?

I was able to utilize the network to find a private lender to fund a portion of the deal, and also used the private lending credibility packet to secure the second private lender who funded the rest of the deal.

Before & After Photos