Beth Eaton Rehab Deal

 

Beth Eaton Rehab Deal

Sun Spot Property Solutions LLC in Cosmopolis, WA
Beth Eaton with Dale Eaton,Jeff Miller,Paige Miller

We purchased this house from the County Assessor less than a month of joining the FortuneBuilders Mastery program. The house is located in a very desirable area on a large ¾ acre. We had the property surveyed and did a short plot subdivision and now own the lot free and clear with the intent of building a new house on it. The abandoned house had extensive fire damage and required 7 dumping trailers for all of the accumulated garbage. We completed a total renovation which included adding additional square footage, re-wiring the home and we also tore down the old garage and rebuilt a new one. The community provided us with lots of positive attention and countless inquiries to purchase the home before it began to take shape. We had the house under contract 3-months before completion. The house was completed as scheduled and we closed on the deal.

Rehab Details

Property City: Cosmopolis
Purchase Price: $48,000
Repair Costs $80,000
Sale Price: $200,000

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Case Study

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

The coaches were helpful when I encountered roadblocks and had to deal with bad contractors. I had to skip things and move ahead in the program due to getting my first deal so soon. I picked a difficult property and also did a short plat subdivision on it so I had a crash course, hands-on learning experience!




Before & After Photos