Step into the incredible transformation at 6631 Southbrook Dr, Houston TX 77087!
Our investors acquired this property around October 10th, 2023, envisioning a total rehab. They started a comprehensive rehabilitation journey, revamping the plumbing, installing a fresh AC system, enhancing insulation, fitting in brand-new kitchen appliances, completely renovating bathrooms, installing a new roof, and so much more!
To facilitate the entire construction process, they reserved $58,000 in holdbacks, known as “Draws,” from their total loan amount. Our investors using the 70% rule allowed us to advance the complete cost of the purchase price during closing, minimizing their financial commitment to only cover our and title fees at the time of closing!
This property has undergone a complete transformation and is now proudly showcased on the market at $295,000. The renovation process only spanned two months, enabling our investors to go through their hard money loan within 6 months or less. Additionally, they have the flexibility of extending if necessary, allowing for a stress-free investing experience.
Check it out on HAR: https://www.har.com/homedetail/6631-southbrook-dr-houston-tx-77087/3242813#
Take a Virtual Tour: https://my.matterport.com/show/?m=NmxYfP8dugj&brand=0
Apply Now: https://legacypreferredlending.com/apply/
