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rehab DEAL

Phyllis Drake

Homelift Properties LLC in New Milford, CT
Phyllis Drake with Kevin Drake

This property had been in our pipeline since it was in pre-foreclosure. It was abandoned for a couple of years. We had several drip campaigns watching for it to go to foreclosure. The day it was listed we immediately put in an offer. The property needed a lot of work and had a big in-ground pool that was destroyed so this seemed to turn a lot of potential buyers away but there were multiple offers. We ended up winning the deal.

Rehab Details

Property City:
New Milford
Property State:
CT
Purchase Price:
$179,100
Repair Costs:
$130,170
Sale Price:
$400,000
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Case Study

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

This is actually our 15th completed rehab. We would not be here if it wasn't for Fortune Builders and all of the training we have received including learning how to set up our LLC, finding deals, finding money, rehabbing, marketing, rentals....the list goes on. Most importantly we gained the confidence to do what it takes to get the deal done!

Before & After Photos