Take a look at this fully completed rehab done in Humble, Texas!
Acquired on December 4th, 2023, our investors did a quick and comprehensive transformation, listing this property on the market by January 11th, 2024. Boasting modern upgrades, this property showcases new plumbing, AC system, upgraded insulation, and a new roof. The kitchen has with brand-new appliances, complemented by renovated bathrooms.
To successfully conclude the rehabilitation process, our investors allocated $32,500 in holdbacks, commonly referred to as ‘draws,’ from their overall loan amount. Leveraging 70% of the After Repair Value (ARV), we were able to advance the entire purchase price at closing. In turn, allowing our investors to bring as little cash to close as possible.
After just one month of rehabilitation, 20918 Roxette Ct has been listed on the market at $295,000. This quick transformation not only enhances the property’s value but also allows our investors to quickly exit their hard money loan, all without incurring any prepayment penalties
Check it out on HAR: https://www.har.com/homedetail/20918-roxette-ct-humble-tx-77338/11865331#
Brand New Roof!
All New Kitchen Appliances!
Renovated Bathrooms!
Very Spacious Game Room!
5,287 Lot Sqft!
Apply Now: https://legacypreferredlending.com/apply/
