Martin Ramos Rehab Deal

 

Martin Ramos Rehab Deal

Ct Victory Home Solutions LLC. in

This property was purchased from the MLS we contacted the listing agent and had her represent us on it. PP $116k Rehab $53,900 sale price $226,571. This baby was rough as it was our 2nd project and needed so much work. New plumbing in the entire house, new boiler, kitchen we added an additional bathroom and converted the attic in a master bedroom, there were so many lessons learned such as how to look for termite damage or mold in the basement. Overall rehab took almost 3 months for completion. The project hit the market the 2nd day I went into labor with my 2nd baby girl. Funny story my water punctured at 7 am but I had staging and professional pictures at 12 pm so the baby had to wait till momma got the place cleaned and staged for pictures then left to the hospital lol. The project was funded with hard money and I provided gap funding, between some cash and credit cards we were able to close on the property.

Rehab Details

Property City: Cromwell
Property State: CT
Purchase Price: $116,000
Repair Costs $53,900
Sale Price: $226,571

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Case Study

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

The coaches pushed me in the right direction. Helped me with a list of hard money how to complete a lending opportunity package. They talked us through the process and expectations that make the process a lot less nerve-racking




Before & After Photos