Lisa Dugdale Rehab Deal

 

Lisa Dugdale Rehab Deal

Oakley Property Solutions, LLC in Missoula, MT
Lisa Dugdale with Stan Dugdale

This is our 6th residential renovation since joining FortuneBuilders. I’m a realtor and received the lead for this property by another agent at my brokerage. It was a listing that didn’t pan out because the home was in such bad condition. Over the past 2 years since joining FortuneBuilders, I have been keeping in touch with a local lender. When this deal came along I put together a lending packet and presented the deal to them and they agreed to fund the project.

Rehab Details

Property City: Billings
Property State: MT
Purchase Price: $105,000
Repair Costs $85,000
Sale Price: $259,000

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Case Study

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

Following the FortuneBuilders systems for the first 5 deals allowed us to present our solid business plan and systems to a new lender. By sticking to the systems we were profitable and attractive to our new potential lender. Ultimately because we followed the systems we were approved by the new lender, this ended up being our most successful/profitable project because we were able to secure lending at a much lower interest rate.




Before & After Photos