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rehab DEAL

Lana Powers

Integrity Home Solutions Group in San diego, CA
Lana Powers with Andrew Cole

Many investors had backed out of this opportunity due to the difficulty of the project - specifically, a neighbor's retaining wall leaning against the roof of this home. Due to the technical challenges and subsequent engineering costs, we were able to negotiate a better purchase price and secure the deal as well. Within our 10 day closing window, we were able to negotiate a split cost for the wall and in doing so, also secured the neighbor as a private money lender on the property. rnrnThis luxury home went from single story to two story, with walk-around decks and canyon views. Converted from a $565k, 3 bed, 2 bath home into a $1.4 million dollar masterpiece, adding over 900 square feet. Finish details include a master suite with a rain shower and soaking tub, natural white oak hardwood floors, quartz counter tops, custom cabinetry and tile, and Viking appliances!

Rehab Details

Property City:
San Diego
Property State:
CA
Purchase Price:
$565,000
Repair Costs:
$468,000
Sale Price:
$1,430,000
* 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?

This was brought to us by a new Inner Circle student, Alex Rabadan. Rather than paying him a wholesale fee, we both agreed to a joint partnership. We value the community in the Fortune Builders' family!

Before & After Photos