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rehab DEAL

Marie George

Homespun Properties LLC in Uniontown, PA

This was our first deal, found from first direct mail campaign (probate). Purchase funded by personal HELOC; rehab funded by HML. Repairs included re-building one foundation wall; opening walls between kitchen/dining/living; new kitchen; new bath; new hardwood, new carpet, paint.

Rehab Details

Property City:
Hopwood
Property State:
PA
Purchase Price:
$48,000
Repair Costs:
$44,595
Sale Price:
$134,000
* 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?

From marketing to getting it the home under contract to rehabbing to selling, the FB resources successfully guided us through the entire process. We utilized FB probate direct mail templates to market for the deal; followed the scripts to close the deal; accurately estimated the repairs and analyzed the deal using Deal Analyzer, and efficiently managed the rehab using the SOW template. The house was under contract after only 4 days on market to a cash buyer, a total hold time of 8 months (took 3 months to find a contractor!) We couldn't have had such a successful first experience without the education, support, and resources provided by the Mastery program!

Before & After Photos