Jay Gata Rehab Deal

 

Jay Gata Rehab Deal

Benedict Properties, LLC in New Bedford, 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
Purchase Price: $160,000
Repair Costs $39,000
Holding Costs: $2,500
Sale Price: $316,000

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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