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rehab DEAL
Justin Buchanan
Paige and Rose Properties, LLC
in Ingalls, IN
Justin Buchanan with Gina Buchanan, Justin Buchanan
We found this deal on MLS and worked with a brand new funding partner for this while doing an equity share/profit split. We had a trusted contractor that did a mostly full gut, knocked out a wall while adding another. Upgrades included new siding, roof, HVAC, plumbing, floors/doors, and bath. The home has a new open concept kitchen/dining/ living and we added a 3rd bedroom. We maximizing the use of the same square footage.
Rehab Details
Property City:
Markleville
Property State:
IN
Purchase Price:
$42,500
Repair Costs:
$32,500
Sale Price:
$125,000
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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 utilized all contracts necessary, JV partnership agreement, and the deal analysis provided by FortuneBuilders to carry this project from start to finish.
