Indar Lange Rehab Deal

 

Indar Lange Rehab Deal

Our Home Investments in Honolulu, HI
Indar Lange with Rachel Lange

One of my main realtors found this deal before it hit the market. The deal had huge potential but at these kind numbers, you have to make sure. We recently completed a home in the same neighborhood and had a feel for the area and its sell points. The comps where there and it looked good on paper. The sheer size of buying a $1.3Mill and selling at a $2.1Mill is very intimidating and the rehab has to be on point. We pulled out all stops on this rehab. So much fine detailing went into the project. I really had to step back and design a home in my head before we even hit the paper and off and running.

Rehab Details

Property City: Honolulu
Purchase Price: $1,285,000
Repair Costs $310,000
Sale Price: $2,035,000

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Case Study

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

The deal analyzer was a huge key as we went for this deal. Just knowing all the numbers down to a 'T' is critical to these kinds of deals. Thinks like knowing your daily holding cost to the pay you may have in your budget and how your timeline can adjust with cost changes. Of course, the contractor's docs are very important. Also, our FB community online is an awesome help sometimes with ideas and questions or design choices.




Before & After Photos