Paul Clothier Rehab Deal


Paul Clothier Rehab Deal

New Life Homes REI, LLC in Richmond, VA

This deal was a referral from one of my painters who knew the owner. We did a full gut renovation on the historic property located in Richmond, VA. New plumbing, electrical, HVAC and cosmetic updates were completed. We also changed the property from a duplex to a single-family home.

Rehab Details

Property City: Richmond
Purchase Price: $62,700
Repair Costs $140,000
Holding Costs: $20,000
Sale Price: $292,500

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Case Study

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

FortuneBuilders allowed me to start this journey and I used the systems that taught us to acquire the lender for the deal and to execute the rehab and resale.

Before & After Photos