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rehab DEAL
Tracey House
House's 2 Homes Investing, LLC
in Rudy, AR
Tracey House with Cindy House
This deal was wholesaled to us through another investor. When we purchase it, the lower level of the house (below grade) had mold present from a toilet overflowing and flooding the entire bottom level. We had the entire house treated by a mold specialist before any renovations could begin. The entire house was renovated or upgraded in some form. The original floor plan was a 4-bed, 2-bath, but we turned a good portion of the lower level into a new master suite making the remodeled house a 5-bed, 3-bath. We also added a large deck to the back of the house.
Rehab Details
Property City:
Fayetteville
Property State:
AR
Purchase Price:
$146,000
Repair Costs:
$112,000
Sale Price:
$315,000
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Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
The repair estimator was critical in making a sound budget and sharing with the lender to secure funds.
