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rehab DEAL
Edwin Diaz
Helios Management LLC
in Hackensack, NJ
A Wholesaler sold this property to me for $58K. Funding was provided by Grand Coast Capital. We gutted and renovated the entire house. Added a bathroom to the 1st floor, a bathroom to the master bedroom and finished the basement and attic. Grand Coast Capital funded the deal.
Rehab Details
Property City:
East Orange
Property State:
NJ
Purchase Price:
$58,000
Repair Costs:
$80,000
Sale Price:
$250,000
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and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money
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Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
We used all of the necessary tools such as the Deal Analyzer, 6 critical documents, and the Scope of Work/repair estimator in order to make this deal work for us. This allowed us to look more polished to the lender as well as allowed us to project our profit margins.
