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rehab DEAL

Jay Gata

Benedict Properties, LLC in Dartmouth, MA

We found the deal through a Facebook marketing campaign. The deal was funded through a business line of credit we established through a local lender. It was a full cosmetic renovation replacing roof, siding, kitchen, bath and flooring. No structure was changed, and no mechanicals needed to be replaced. Just a nice easy renovation to current standards.

Rehab Details

Property City:
New Bedford
Property State:
MA
Purchase Price:
$160,000
Repair Costs:
$39,000
Holding Costs:
$2,500
Sale Price:
$316,000
* 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?

The Fortune builders resources gave us the confidence to be able to give the sellers a strong offer and lock up the deal at the initial meeting. We closed in 3 weeks due to the strong relationship we built with our lender. All the renovation was done in 5 weeks and on the market. The core curriculum coupled with the scope of work library and credibility packets were all essential in our ability to perform as professionals in all aspects of the deal

Before & After Photos