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rehab DEAL

Tricia Elder-Garcia

M&R Property Solutions in Staten Island, NY
Tricia Elder-Garcia with Mark A. Garcia

After a long period of time, lots of back and forth with the bank, and consistent follow-up with the Realtor we landed this short sale deal. The property was occupied and a contingency of the deal was that the property had to be delivered vacant. The Realtor after repeated attempts to have the occupants removed came up with a pretty creative way to get them out the property. That's all I'd say on this topic. We obtained this deal obtaining private funding. We had to have significant plumbing, electrical and HVAC work done on this property; exterior & interior painting; windows along with kitchen & bath full gut renovations. As soon as this property was completed and on the market we received and above asking offer. BOOM!!!

Rehab Details

Property City:
Roselle
Property State:
NJ
Purchase Price:
$100,000
Repair Costs:
$47,100
Sale Price:
$220,000
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. 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’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

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

Follow-up, Follow-up, Follow-up

Before & After Photos