Lounacitas "Lougie" Murdocco Rehab Deal

Rehab Details

Property City: Coquitlam
Purchase Price: $320,000
Repair Costs $59,526
Holding Costs: $8,208
Sale Price: $466,799

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Case Study

How did you find and structure the financing of this deal?

Private lenders.


Provide a summary of the repairs and improvements you made to the property.

In 4 weeks we did a ful renovation in the kitchen and both bathrooms, the tiled floor areas were also re-done, fireplace was re-tiled, re-painted and added new lighting fixtures throughout the townhouse.


How did you find a buyer for the property if you sold it?

Realtor.


What are some of the major lessons learned that you would like to share with other students that they can learn from?

Learning how to deal with stratas, for example getting approvals way in advance.




Before & After Photos