Anita Blickensderfer Rehab Deal


Anita Blickensderfer Rehab Deal

Thrive Home Solutions, LLC in Cincinnati, OH

Bought the Property on and had a Private Money Lender fund the deal. Kept the rehab simple yet nice since I bought the property with the intention to keep it as a Rental. Updated the kitchen by keeping the existing cabinets and painting them. Also added a few more cabinets on the other side which added more storage and counter-top space and replaced the flooring. Updated the existing bathroom with flooring, vanity, toilet, and lighting. Also created a half bath in the basement. Fresh Paint throughout, all new light fixtures, and refinished all the hardwood flooring.

Rehab Details

Property City: Cincinnati
Purchase Price: $55,000
Repair Costs $15,000
Holding Costs: $18,000
Sale Price: $122,200

* 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?

Using the FortuneBuilders Repair Estimator and Deal analyzer helped to keep the deal on track but With Covid-19, we had to quickly pivot from a Buy/Hold of the asset-based 30 yr fixed cash-out refi to a sell on the property when the lending shut down, that's why it's good to have multiple exit strategies. Got 2 offers the 1st day, under contract at 99% of asking by the 2nd day. Closed a week earlier than expected. Cincinnati is moving properties quickly despite this Pandemic.

Before & After Photos