This was purchased in probate for $80,000. We secured a private lender loan for the purchase price and the rehab which was $60,000 and included a new roof and AC. We sold this for $244,900 CASH. Our profit is @ $95,000 after realtor fees and the return on investment to our private lender.
Category: Featured Success Story
Purchased this REO in 2012 for $62,000 and added $40,000 for the rehab. This home was built with no plywood on the outside with the only thing protecting the inside was siding. We built this to 2013 code and made the house strong. We sold this for $158,000. We sold this to a first time … Continued