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rehab DEAL
Daniel Albeit
Riganel Homes
in Bexley, OH
We found the property through outbound marketing via CL. Once we negotiated the price and the agreement was signed, we were able to find funding for the purchase price. The construction portion was funded through HML. We worked through some initial contractor ‘issues’ and ended up becoming the General Contractor ourselves, subbing out work and getting our hands dirty. We hired a seasoned realtor that had a pulse on the market and was able to get us $15K over our original ARV.
Rehab Details
Property City:
Columbus
Property State:
OH
Purchase Price:
$72,500
Repair Costs:
$110,000
Sale Price:
$245,000
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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?
FortuneBuilders helped me take action and continue to push through, no matter what.
