This deal was presented to us by a friend whose mother couldn’t keep up with the maintenance of the home anymore. She and her husband had raised their 3 children in this house and had created 40 years worth of memories. We offered her exactly what she was looking to get out of the home. We structured our deal with 2 Private Money Lenders. This project was a full renovation with the unique project of marrying the original home with the addition they had constructed 12 years prior. When they did this, they never actually conjoined the two sides together. Our major tasks were to open load-bearing walls and moving the kitchen from the basement to the first floor. This allowed the home to flow with ease. We sold the house on our Local MLS within 16 days. We think being on MERRILL Street was what made this home unique and a complete HOME RUN!
How did the FortuneBuilders team and resources help you to accomplish this deal?
The FortuneBuilders Systems helped us accomplish this deal by staying on budget and obtaining the most of our profitability. The most important system we utilized and implemented was our Scope Of Work. This helped our contractors understand exactly what we anticipated from them and kept everyone, including ourselves, on task and within our time-frame.