Stephen Gandy

Point Clear Property Solutions in Fairhope, AL

A Realtor in our network had a contract on the home. After hurricane Sally hit and damaged the home, the buyers wanted to back out. We were able to close quickly by paying cash funded by our private investors. This helped the seller by not having to repair and re-list the home. Our contractors landscaped the property, painted exterior, interior, replaced all the flooring, and painted kitchen cabinets. We updated the lighting and bathroom counter tops.

Rehab Details

Property City:

Loxley

Property State:

AL

Purchase Price:

$155,000

Repair Costs:

$29,955

Holding Costs:

$18,993

Sale Price:

$218,000

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Case Study

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

Our relationship with the Realtor was developed through our FortuneBuilders networking. We used our FortuneBuilders repair estimator to develop our repair budget, holding cost, and transaction fees.