7389 NW 49th St Lauderhill, FL 33319
Buy, Fix and Sell
7389 NW 49th St is a single family located in Broward County. It has 3 Bedrooms and 2 baths with 2,569 sqft. Built in 1981.
The Deal
- Property acquired 2018
- Single Family 2,569 sq ft
- Lot – 7,500 Sqft
- Located in Broward County
- 3bd/ 2ba
- Build in 1981
- Purchase Price: $250,000
The Story
We learned about Jennifer’s situation through a lead generation campaign we launched to try and find homeowners that are struggling with their mortgage payments.
Jennifer was 2 months behind and had to sell the property or else would lose the property due to the lender’s foreclosure.
We offered Jennifer $250,000 for the house as we believed this number would be enough for her to continue with her life without affecting her lifestyle whilst also enabling us to turn the investment into profit in the future.
We were very happy with the opportunity to make a profit while helping a struggling homeowner.
The deal took us a little longer than expected, as some of the repairs took more time than anticipated initially but we still turned a beautiful profit.
The Outcome
This beautifully updated Lauderhill home has all the Right Stuff. Huge island kitchen with stainless steel appliances granite countertops, tall cabinets, vaulted ceiling and all appliances are brand new.
Property After Repair Value: $410,000
Purchase Price: $250,000
Repairs: $83,485.54
Profit Generated: $76,514.46
Project turnaround: 8 months
