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rehab DEAL

Jordan Crist

Building Appalachia, LLC in South Charleston, WV
Jordan Crist with Jacob Skinner,Lia Dorchinez

This deal was brought to us by a friend who's grandmother had passed. Her son inherited the property and wanted to sell fast and off market because it was too much work for him and his brother to fix by themselves. We funded the deal using a blend of hard money, a private investor, and some of our own cash. The house was fully renovated: kitchen, two bathrooms, flooring and trim, roof, deck replacement, and lighting. There were also some structural issues which helped us in negotiating the purchase price. We used a local staging company who did an amazing job and helped the house sell quick. We listed it on the MLS with our primary real estate agents and had a full price offer within two weeks. This was our first deal that we found off market and it happened to be somebody we knew so it was very gratifying to help him and his family and show our community and group of friends what we're capable of.

Rehab Details

Property City:
South Charleston
Property State:
WV
Purchase Price:
$70,000
Repair Costs:
$49,953
Sale Price:
$165,000
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. 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’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

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

FortuneBuilders helped us realize how important contracts with contractors are. We found this deal before FB came along and were finishing the house up when we joined FB. Contracts are essential and hiring the right contractors make life much easier.

Before & After Photos