Brandi Hulme Rehab Deal


Brandi Hulme Rehab Deal

Closing Time Home Buyers in Nampa , ID
Brandi Hulme with Dan Hulme

6th Street South was part of a 4 house deal pocket listing from a realtor friend. We had all 4 houses under contact and simultaneously closed all 4, 3 going to 2 other investors and us closing on this property. It is a non conforming duplex that we renovated, rented and then sold on the income approach. Netting us an additional $80K dollars. Fantastic win on all sides!!! Tiered landlord was cashed out, 2 families were able to be relocated into safe and affordable housing, another investor purchased a cash flowing investment with their 1031 exchange, and CTHB was able to generate a profit! Win-Win-Win Win!

Rehab Details

Property City: Nampa
Purchase Price: $175,000
Repair Costs $60,000
Holding Costs: $9,000
Sale Price: $430,000

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Case Study

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

We learned the income approach from a bootcamp and then was reiterated by a weekly webinar that i watched shortly after acquiring the property. Our PML mentioned it on a call and thanks to FB I knew exactly what he was talking about and we were all able to capitalize on the market. FB for the WIN!!!!

Before & After Photos