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rehab DEAL

Vicki Herrington

Perfect Timing Home Solutions, LLC in Hallsville, TX
Vicki Herrington with Rick Herrington

We found this property on the MLS with the help of one of our real estate agents. The seller needed to get out from under the property quickly so we closed with our own funds and then borrowed funds from one of our private lenders the following month to free our capital back up. This house needed a complete cosmetic update as well as revamping the flow in the kitchen and master bath. We also added a 4th bedroom or separate office by dividing a large wasted space.

Rehab Details

Property City:
Longview
Property State:
TX
Purchase Price:
$95,000
Repair Costs:
$42,551
Sale Price:
$180,000
* 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?

Systems and networking were crucial to this deal. Our realtor checks the MLS for us multiple times throughout the day so we don't miss out on new listings or price reductions. Our PML on this deal is also part of the FB team and we have loaned to each other's businesses through our self-directed retirement accounts. We have been able to fund multiple deals this way thanks to the education we have received from FortuneBuilders.

Before & After Photos