David Lively Rehab Deal

 

David Lively Rehab Deal

Dynamic Property Resources in Tyler, TX
David Lively with Steve and Bonnie Lively

We found this deal while at an REIA meeting. It was from a wholesaler and we JV'd with a partner; we brought the money and our partner brought the know-how. The inside walls were covered in shiplap and galvanized siding. One room had chickens living in it. We were able to beautifully update it, with some rearranging and a lot of paint.

Rehab Details

Property City: Tyler
Purchase Price: $43,993
Repair Costs $18,502
Holding Costs: $7,484
Sale Price: $80,062

* 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?

Working with a JV partner helped to get us started in this business. It is awesome to take something neglected and transform it into a vibrant place for a new family!




Before & After Photos