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rehab DEAL

Paul Clothier

New Life Homes REI, LLC in N Chesterfield, 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
Property State:
VA
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