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rehab DEAL
Sabrina Wiley
ENW Properties
in Los Angeles, CA
Sabrina Wiley with Deborah Exum
We first completed an application with a hard money lender who then provided us with a proof of funds letter. Then we were able to establish a relationship with the loan officer at the bank who provided us with information on deals that was not yet on the MLS. After the rehab, our property sold for a little over $300,000. Every step was unique to us since this was our first rehab.
Rehab Details
Property City:
Inglewood
Property State:
CA
Purchase Price:
$210,000
Repair Costs:
$24,000
Sale Price:
$302,000
* 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’
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Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
All of the tools we learned from fortune builders and the mastery site were very vital in helping us to accomplish this rehab deal. By using the resources that we learned from fortune builders we were able to know our acquisition, rehab cost and our ARV (after rate value). rnrnrn
