We acquired this property through the MLS from an investor who did not have the ability to complete the project. The investor we purchased the property from was roughly 60% through the project. We spent four weeks on this project primarily focused on completing kitchen, bathrooms, wood floors, painting, electrical, adding brow roof, yard cleanup/landscaping, some demo, etc. We used a realtor who has sold rehabbed properties to sell the property.
How did the FortuneBuilders team and resources help you to accomplish this deal?
The repair estimator was an important tool used when we acquired the property to ensure the deal met our financial returns requirements. Posting key milestones with completion dates helped us meet our aggressive timeline.