Carol Seipler Rehab Deal

 

Carol Seipler Rehab Deal

Bright Vision Homes LLC in Rohrersville, MD
Carol Seipler with Carol J. Seipler, Charles E. Cashell, Jessica D. Amsley

We attended networking events and responded to ads. One of our sources contacted us with the opportunity to purchase this deal, he was wholesaling the contract.. After a quick, but thorough, analysis of the deal, we immediately purchased the right to the contract. We had already spoken to a private money lender, a family member, who was very interested in financing our first deal including rehab costs. The majority of the repairs were cosmetic - paint, new floors, vanities, exterior doors and replacing some siding. What made this deal special was that the previous owner, an older lady, was able to watch and was thrilled with the transformation.

Rehab Details

Property City: Rohrersville
Purchase Price: $40,000
Repair Costs $34,015
Holding Costs: $6,128
Sale Price: $125,000

* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use.



Case Study

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

The education and tools I received from FortuneBuilders, and the 3-day workshop I attended in June 2018, enabled me to have the confidence to take action. I had utilized the training and had some important steps already in place to make this a smooth transaction. I followed the recommendations of establishing our LLC, having business cards, and having some credibility packets ready. The FB one day summit recently was a great refresher for me and a wealth of knowledge for my business partner(s). We have decided to enhance our skills, fine-tune our strategies, and implement the next steps to continue our success. We Got This!!




Before & After Photos