Anthony Stephenson Rehab Deal

 

Anthony Stephenson Rehab Deal

Provision Homes LLC in LaVergne, TN

I found this one thru a mortgage lates campaign. The guy was a few months behind and knew once the covid foreclosure moratorium lifted he would lose the house. I bought the house with my cash then got a HML to cover the rehab. Downstairs was basic updates and repairs. Upstairs was where the real value was added. It wasn't finished when I bought the house. We turned into useable square footage complete with a bathroom and kitchenette.

Rehab Details

Property City: LaVergne
Purchase Price: $170,000
Repair Costs $75,000
Sale Price: $405,000

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Case Study

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

The FortuneBuilders resources have been invaluable to me over the years. They got me "off the fence" back in 2012. The main thing is just stay consistent with the marketing to get the leads coming in, run your numbers to make sure it works, if so then go!! Don't try to overthink everything, people are there to answer questions and steer you in the right direction along the way.




Before & After Photos