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rehab DEAL

Nicole Fettuccia

NRM Property Solutions, LLC in Westerlo, NY
Nicole Fettuccia with Robert Miller

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!

Rehab Details

Property City:
Albany
Property State:
NY
Purchase Price:
$130,000
Repair Costs:
$52,765
Sale Price:
$260,000
* 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?

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.

Before & After Photos