Edward Constantine Rehab Deal

 

Edward Constantine Rehab Deal

Good Day Homes LLC in salt lake city, UT

This was supposed to be a great deal and profit, except I caught my first contractor using my Home Depot card to buy materials for other projects he was doing. This deal was secured through a private money lender here in Utah. This was a full gut and Remodel. The project took too long because I had to hire a new contractor to finish the job. Lesson learned. Had Fun. Will continue to crush it. On a positive note, my buyer loved the home so much she wants to buy the next Rehab I do for her daughter, she is a cash buyer!

Rehab Details

Property City: salt lake city
Purchase Price: $260,500
Repair Costs $143,791
Holding Costs: $25,163
Sale Price: $420,000

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Case Study

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

All the lessons learned helped me tremendously! Firing the contractor and hiring an attorney now that was learned through the process!




Before & After Photos