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rehab DEAL

Elizabeth Quinn

Skyline Real Estate, LLC in Phoenix, Az
Elizabeth Quinn with Scott Quinn

We acquired this house through a wholesaler. The house was a hoarder house and the elderly women who lived there had passed away. Her family had taken what they wanted and left plenty of treasures behind, including the refrigerator full of food that had been off for many months. The bones of the house including the walls, doors, trim, windows, tile flooring and bathroom were in great shape. We later found out the house had burned to the ground a few years prior and had been completely rebuilt. The elderly women had just never cleaned the house or removed the trash and like to acquire a lot of items. We cleaned, painted, added new carpet, and appliances. After adding some landscaping the house was back on the market. We found, funded, rehabbed and sold this home in just over 60 days. We had a hard money loan and gap funding from a family member.

Rehab Details

Property City:
Phoenix
Property State:
AZ
Purchase Price:
$177,000
Repair Costs:
$17,919
Sale Price:
$245,000
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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

The FortuneBuilders team and resources helped us with this deal through the coaches and their leadership, encouragement, and guidance. We attend Bootcamps, Ignite, webinars and the online training. The systems helped make sure we were doing everything correctly and with limited reasons and opportunities to fail.

Before & After Photos