Subra Sunderaswaran Rental Deal

 

Subra Sunderaswaran Rental Deal

EUNOIA REI LLC in Lincoln Park, MI

I bought this deal from a wholesaler at a purchase price of $32,5000. I purchased it with a private money lender at a12% interest for 90% purchase price and 100% rehab. The house needed cosmetic repairs throughout the house. The kitchen needed countertops,cabinets and appliances. Bathroom needed faucet, tub fixtures and re-caulking and painting. This house also needed a HWT and the basement needed to be painted to get the property upto city's rental code

Rental Details

Property City: Lincoln Park
Purchase Price: $32,500

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Case Study

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

I was able to analyze the deal with the rental deal analyzer and did the repair estimate, to begin with, I also networked with my FortuneBuilders group in Michigan for private money and also paint recommendations.