We found this deal through realtor. 70% of total cost was was funded from the bank construction loan and 30% from company budget. It was the first time we funded our deal using bank loan. We found it working for us very well. The house was 3 beds/2 baths. By The making the master bedroom suite out of huge living space, we made the house 4 beds, 2.5 baths with increased the market value for the property. The repairs also included kitchen and bathrooms renovations, replacing wall AC and oil/electrical panels heat with new HVAC, installing new floors, painting.
How did the FortuneBuilders team and resources help you to accomplish this deal?
We followed the FB system that we keep refining for ourselves, had several coaching calls with Mary Anschutz. Our process going through rehabs gets better and more efficient with each property.