We first completed an application with a hard money lender who then provided us with a proof of funds letter. Then we were able to establish a relationship with the loan officer at the bank who provided us with information on deals that was not yet on the MLS. After the rehab, our property sold for a little over $300,000. Every step was unique to us since this was our first rehab.
How did the FortuneBuilders team and resources help you to accomplish this deal?
All of the tools we learned from fortune builders and the mastery site were very vital in helping us to accomplish this rehab deal. By using the resources that we learned from fortune builders we were able to know our acquisition, rehab cost and our ARV (after rate value). rnrnrn