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rehab DEAL

Phyllis Drake

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

This was an auction property on Hubzu. We were able to view the property before the auction date which was a plus. We knew immediately that it was a deal. It was a standard rehab, kitchens, baths, paint, flooring, roof windows but nothing major. We won the bid and closed on the property. This was actually the first property that we purchased where we had another property undergoing a rehab. So we learned to balance our contractor teams.

Rehab Details

Property City:
New Milford
Property State:
CT
Purchase Price:
$189,302
Repair Costs:
$58,467
Sale Price:
$334,500
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Case Study

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

We used all the tools that FortuneBuilders offers to make sure the numbers worked especially since we were working on another deal at the same time so we needed to find additional funding. Like all of our deals, FortuneBuilders is the reason we were able to have the knowledge and confidence to do this deal.

Before & After Photos