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
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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