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rehab DEAL
Mark Krajewski
Colorado House Buyers
in Arvada, CO
Mark Krajewski with Adam McCanna
We found this property on the MLS. It was overpriced so we watched it fall out of contract multiple times. We finally picked it up at a price that worked for us. We ended up finding more and more wrong with this house as we worked on it. We ended up doing a complete renovation and dug out the basement to achieve an 8' ceiling height.
Rehab Details
Property City:
Denver
Property State:
CO
Purchase Price:
$610,000
Repair Costs:
$260,000
Sale Price:
$1,000,000
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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’
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Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
We were able to accomplish this deal by following the elevator pitch script to educate potential investors. We ended up having multiple investors that wanted to lend on this project.
