Elvin Barnes Rehab Deal


Elvin Barnes Rehab Deal

GlenLynn Home Solutions in Indianapolis, IN
Elvin Barnes with Glenda Barnes

We found this deal through the MLS and funded this deal using a Hard Money Lender. The distressed home was built in 1910 and located in a rising community near downtown Indianapolis, IN. We completely gutted the interior, demoed the roof and exterior siding. Added a new electrical panel, wiring, plumbing, flooring, gutters, front door, and French doors leading to a new patio. Several walls were removed to create an open atmosphere throughout the home and relocated the laundry room upstairs and made the downstairs bathroom a full bath. Our team created a beautiful color scheme throughout the home and used some natural accents associated with the time of the home. After staging the home it sold within 9-month.

Rehab Details

Property City: Indianapolis
Purchase Price: $63,050
Repair Costs $100,240
Sale Price: $217,500

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Case Study

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

The 7 stages of rehab that the FortuneBuilders system provides through Mastery has been proven to help you succeed if followed by the investor.

Before & After Photos