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rehab DEAL

Lara Yagolnitzer

LDY Properties, LLC in Philadelphia, PA
Lara Yagolnitzer with David Yagolnitzer

We found this deal through the wholesaler. We funded it using a PML (8%) and home equity line that we have with our bank. The repairs included removal of one non-load-bearing wall to open up the 1st floor, installation of a new HVAC system, new carpet on the 2d floor and laminate on the 1st floor, remodeling bathrooms, kitchen, paint, installing a sump pump and fully finishing basement, partial repairing of the attic floor. We also installed an electric fireplace when we found out that the original wood fireplace required very expensive repair. We received a full price offer and signed contract on the second day of listing and closing took place in the midst of Covid-19, right before all closings.

Rehab Details

Property City:
Brookhaven
Property State:
PA
Purchase Price:
$97,000
Repair Costs:
$96,803
Holding Costs:
$23,055
Sale Price:
$239,900
* 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 had bi-weekly calls with our coaches who guided us through any questions/problems that we had. Thank you so much to Mary Anschutz and John Paul Kilduff for all your help!

Before & After Photos