This was Nick's 1st house he bought when he was 20 years old. Nick is the company’s bird dog and found the house on the MLS. He obtained a Mortgage from CCF Bank to purchase the home. When Nick 1st bought it, the home was a 2-bedroom, 1-bath house. You had to walk through the bathroom to get upstairs. When buying properties, we always like to see if we can create more rooms for resale in the future and on this property, Nick had the vision to create 2 bedrooms upstairs. He lived in the house for 1 year and rented it out for 4 years and with the last tenant trashing the home, he decided to rehab and sell the home.
How did the FortuneBuilders team and resources help you to accomplish this deal?
The FortuneBuilders team provided the idea of making more money after doing an effective rehab project.