John Dunham Rehab Deal

 

John Dunham Rehab Deal

TROI Properties in Athens, AL
John Dunham with Aaron Dunham

I got this deal from an agent that I was in a networking group. I explained to the group what I was involved in and he gave me his contact information. Within a few days, he contacted me with the deal. I funded the deal with a local hard money lender and they were great. I got the property below the asking price, for $33,720, and the repairs were estimated at $32,400. There were a few issues along the way such as a tree branch falling on the roof and a small foundation issue causing a rise in cost for the repairs to be $34,729, totaling $68,449. I sold the house for $115,000 and gained a profit of $46,551.

Rehab Details

Property City: Moutlton
Property State: AL
Purchase Price: $33,720
Repair Costs $34,729
Sale Price: $115,000

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Case Study

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

From start to finish I was in contact with my coach and I used all the tools on the Mastery site from the Deal Analyzer to the scope of work and all of the other documents. There is no way I would have known what to do without the help of FortuneBuilderes and their training. This was my first deal and I learned a lot along the way. I am not there yet but I feel a bit more confident about the process and l know where to go for help. I also submitted my deal information for review an I got a positive response which gave me the ability to move on with the deal. I’m truly happy with the outcome and the support I’ve received.




Before & After Photos