Jacqueline Williams Rehab Deal

 

Jacqueline Williams Rehab Deal

Solid Ground Property Group in Washington, MD

This was JV deal that was found by my JV partner who is also a real estate agent. We knocked the house down to the ground and re-built it adding a second story. Our house was the only house on this particular street with an attached garage so in addition to that, everything in the house was brand new. After being on the market for about 2 weeks, we reduced the price and were under contract within one week--a total of fewer than 30 days from listing to contract.

Rehab Details

Property City: Washington
Purchase Price: $260,000
Repair Costs $180,400
Holding Costs: $358,780
Sale Price: $624,000

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Case Study

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

FortuneBuilders emphasized networking which is how I met my HML and my JV partner. This deal was so successful that we are partnering on two more deals, which works for me since I am holding down a full-time job even during a pandemic. This is giving me real-time experience for when I go out on my own. The coaches showed me how to correctly use the Deal Analyzer so I had a good idea what to expect on this deal and future deals.




Before & After Photos