Project 2

Located in the Southern Dallas area, this property is a new construction.

Purchase Price: $74,550

Rehab Budget: $140,000

Loan Type: Hard Money

Rehab Details:

This property was purchased with the intent to complete a full demolition. After demolition, the lot was cleared, and the process of new construction began. To date, foundation has been poured, framing has been completed along with some drywall. Property Is currently awaiting inspections for work to continue. This property will feature 3 bedrooms, two bathrooms, an office and balcony attached to the master bedroom. The property will also feature a one car garage, along with a privacy fence. Blueprints reveal that of a modern home which will add tremendous value to the neighborhood. Square footage will total 2324.

ARV: $375,000

Potential Profit: $100,000

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