This property was found through a real estate agent. I sat down with them and explained our systems and what types of properties we were looking for. They said that they had a bank-owned property that we might be interested in. We submitted a closed bid-offer against 11 other investors. We used hard money and private money for gap funding. This 1948 home needed repairs that included all new electrical, plumbing, sheetrock, paint, flooring. We added another bathroom, laundry, and mechanical room, windows, removed walls for an open concept.
How did the FortuneBuilders team and resources help you to accomplish this deal?
Coaching calls, deal analyzer, repair estimator, 6 critical documents, all of the systems that said do it! We would not have been confident at all in moving forward on this project without the numbers proving it.