FortuneBuilders

Joe Crotty Rehab Deal

Iguana Properties, LLC in Washington Court House, OH
Joe Crotty with Steve Baker

I found this deal through networking and found that a lady's husband had recently passed away but that they had actually moved out over 6 months ago. We funded this deal by finding our first 2 PMLs. While most of the work was cosmetic, we did have the unique issue of dealing with a 1/4 bathroom. Yes, not a 1/2 bath, but a 1/4. It was just a toilet by the back door. No sink or anything else. We ultimately replaced it by putting in a new full bath. We used a realtor to sell it.

Rehab Details

Property City:	Washington Court House
Purchase Price:	$68,000
Repair Costs	$25,386
Sale Price:	$116,000
Gross Profit:

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Case Study

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

This was my first deal with FortuneBuilders so using their Cost Repair estimator was extremely helpful, and the Deal Analyzer let us know where we had to be on the purchase price before we closed.

Joe Crotty Rehab Deal