Charern Lee Rehab Deal


Charern Lee Rehab Deal

Skyline Property Ventures LLC in Duluth, MN
Charern Lee with Jara McLarren

We found this deal on the MLS. It was a local foreclosure. We were rehabbing it to live in, but one month in the rehab my fiance got into medical school a state away. We switched our exit strategy to a rehab and sell. We replaced the kitchen, bathrooms, lights/switches/outlets, appliances, hardware, windows, doors, plumbing, HVAC systems, roof, and painted the exterior and interior of the house.

Rehab Details

Property City: Duluth
Purchase Price: $236,000
Repair Costs $75,000
Holding Costs: $39,000
Sale Price: $384,000

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Case Study

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

The FortuneBuilders team helped coached us to find the deal and to find contractors.

Before & After Photos