Elva Drive

Challenge

Elva Drive was a 3 bedroom, 2 baths, 1152 square feet ranch style home. This property was part of a probate sale. The asking price for the property was $82,000.

Solution

We were able to reach an agreement with the executor for a purchase price of $55,000.

By The Numbers

  • Purchase: $55,000
  • Rehab: $28,000
  • Invested: $122,700
  • Sold: $122,700
  • Profit: $39,700

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