Ester Flores Rehab Deal

 

Ester Flores Rehab Deal

Valley Dream Homes LLC in Visalia, CA
Ester Flores with Bakri Dabbagh, Roy Izaguirre, Vania Flores

We got this deal from the MLS. We used ourselves as PML to fund this deal and Credit Cards, HELOC for gap funding. We made the following repairs to the property. We opened up the kitchen, refinished cabinets, new flooring, changed windows, kitchen and bathroom renovations. new front landscaping The house was in a flood zone, also fell off escrow twice. The first time the buyer retracted because the house was on a busy street and the second time we do not know. Also had to wait to close since the buyer had an FHA loan.

Rehab Details

Property City: Visalia
Purchase Price: $105,000
Repair Costs $29,300
Holding Costs: $17,500
Sale Price: $185,000

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Case Study

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

Coaches were very helpful in guiding us through the process, especially understanding FHA.




Before & After Photos