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rehab DEAL

Kevin Cooper

Jearim Property Solutions LLC in Santa Clarita, CA
Kevin Cooper with Trevor Stiles and Jose Amezcua

This deal was found off market and was originally a lead for a listing. I gathered some info about the property over the phone and quickly found the sellers motivation to sell fast and for cash. The property was in an excellent location, needed a ton of repairs and had the ROI I was looking for. We funded the down payment with hard money, private money lenders and our own capital. It was a total cosmetic rehab with some luxury finishes for the area. It was unique because it was a prime 3 bed 2 bath layout that had a new pool in the backyard built in 2018 and we made the backyard a huge selling point for the home.

Rehab Details

Property City:
Woodland Hills
Property State:
CA
Purchase Price:
$570,000
Repair Costs:
$115,249
Holding Costs:
$70,717
Sale Price:
$1,080,000
* 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 provides so many amazing resources for their students and we wouldn't have been able to do this deal without them! From how to get private and hard money, to design, marketing, all of the online education about real estate and most importantly the confidence to go out and do a big deal. This was our biggest win yet and we are so thankful for the community!

Before & After Photos