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rehab DEAL

Dana Baker

Southern Legacy Homes in Nashville, TN

This was a unique project because we bought this 2-build lot from fellow FortuneBuilders! Previously, it was an over-sized lot, but new zoning allowed for it to be subdivided into two 2-build lots. We built two beautiful craftsman-style homes and decked out the interiors with classic wood floors and shaker cabinets, then added funky tile and modern accents to give them some Nashville flair. One even sold before we had time to put up professional pictures on the listing! The challenge with this property was navigating codes and inspections with the city. Lots infrastructure work was involved in this project.

Rehab Details

Property City:
Nashville
Property State:
TN
Purchase Price:
$162,000
Repair Costs:
$220,000
Holding Costs:
$19,440
Sale Price:
$467,500
* 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?

We bought this deal off-market directly from fellow FortuneBuilders. The connection we made through FB was crucial to this deal.

Before & After Photos