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rehab DEAL

Christopher Hewitt

Hewbrick Properties, LLC in Charlotte, NC

I found this property through the dumpster company I use on my projects. The owner of the house overheard the dumpster worker talking about my company and the work he has been doing for me. She asked him to step away for a minute and asked him if he thought I could help her with the foreclosure she was facing. I spoke with her the next day and had the property under contract (subject to) and closed 10 days after that. She was beyond appreciative of what I was able to do to buy the house which stopped the foreclosure.

Rehab Details

Property City:
Concord
Property State:
NC
Purchase Price:
$81,879
Repair Costs:
$6,829
Sale Price:
$127,000
* 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?

The systems were extremely helpful in closing this deal. The repair estimator was helpful in determining the cost of improvements quickly. The knowledge learned on how to structure a subject to deal with the sell and the options for the homeowner made this deal possible.

Before & After Photos