Elda Farinas Rehab Deal

 

Elda Farinas Rehab Deal

E & F Properties, LLC in Arizona City, AZ
Elda Farinas with Edward Farinas

We got the deal from a wholesaler that we found on Craigslist. 70% of the deal was funded by a hard money lender, 20% was funded by private money lenders, and 10% out of our pocket. The house was located in a rural area and we were not sure if it would sell quickly. We went into contract only 7 days after putting it on the market and sold it for $2,000 over asking price!

Rehab Details

Property City: Arizona City
Purchase Price: $147,500
Repair Costs $38,000
Holding Costs: $9,000
Sale Price: $237,000

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Case Study

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

We couldn't have it done without the coaches at Fortune Builders. They walked us thru the entire process. Every step of the way we talked to a different coach with different perspectives, different knowledge and different advice. It was a great learning experience!




Before & After Photos