Charles Corte Rehab Deal


Charles Corte Rehab Deal

CORE Porperty Solutions LLC in Broken Arrow, OK
Charles Corte with Penny Corte

My neighbor knew we were in the home buying business and asked if we would be interested in buying a house. His friend was selling a home he attempted to rehab. Penny and I put up the majority of the funds and we also listed our neighbor as an investor. We made a cash offer that was accepted and closed the deal with a real estate attorney. We purchased the house for $93,500 and rehab it for $12,860. For the rehab, we demoed the rock fireplace and opened up the living room and kitchen area. We epoxied the countertops, added a new backsplash, crown molding and doors to the cabinets and new appliances. We also added a new brick fireplace, new carpet and painted the interior and exterior of the home. We sold it \"For sale By Owner\" for $140,000. We sold it in 4 days. We received an offer for $140,000 and close on the 30th.

Rehab Details

Property City: Broken Arrow
Property State: OK
Purchase Price: $9,327,100
Repair Costs $12,860
Sale Price: $140,000

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Case Study

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

Through the network of people, it helped us find information about the market we live in and the paperwork that we needed.

Before & After Photos