Kevin Quinley Rehab Deal


Kevin Quinley Rehab Deal

Twinley Homes in San Jose, CA
Kevin Quinley with Ryan Quinley

Happened to drive by the property the day the For Sale sign was posted and contacted the agent right away. Won the bid among two other offers based on no contingencies and rapport built with the selling agent. We raised $500k of private capital and sourced the remainder with hard money and our own. We bulldozed the existing structure and built a brand new 2-story 3350sf single family home - the first time we have ever done this! We brought up the parcel to the best and highest use, and stretched our comfort zones the entire way.

Rehab Details

Property City: San Jose
Purchase Price: $965,000
Repair Costs $1,080,000
Holding Costs: $320,000
Sale Price: $2,848,000

* 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?

JD's construction academy gave us the starter knowledge and confidence to take on new construction.

Before & After Photos