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rehab DEAL
Silvia Torres
ACP Capital Management, LLC
in Los Angeles, CA
The asset was initially a non-performing note. The initial intent of the acquisition was to enable the homeowners to restructure the original loan so they could keep their house. Unfortunately, the borrower failed to follow through the process and abandoned the house. The house was pre-rehabbed and sold to a rehab investor. The investment yielded a staggering 38% return.
Rehab Details
Property City:
Centerton
Property State:
AR
Purchase Price:
$21,500
Repair Costs:
$12,350
Sale Price:
$52,000
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Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
The FortuneBuilders toolbox was a helpful resource in finding resources at the asset's location. Information related to the type of process used in a foreclosure was also helpful.
