Shirley Tang Rehab Deal

 

Shirley Tang Rehab Deal

Worry3 Home Solutions LLC in San Mateo , CA
Shirley Tang with Arthur Lam

We found this deal through a wholesale realtor who needed us to fund and close in 7 days. We replaced a new roof, a new water heater, and 2 new wall heaters; remodeled the kitchen and a full bath with approved building permit. Half of the original garage was converted into a bedroom by the original owners in 1963 according to the Building Department’s record.

Rehab Details

Property City: San Mateo
Purchase Price: $900,000
Repair Costs $77,000
Holding Costs: $113,000
Sale Price: $1,130,000

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Case Study

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

FortuneBuilders taught us to build good relationships and line up with reliable Hard Money Lenders, investor-friendly realtors, private money lenders, and licensed contractors. Without the above-mentioned knowledge, resources and our hard work, we could not buy, renovate and sell this house with profit around 4 months in a very competitive market in San Francisco




Before & After Photos