Talk about your prime location! Clarence C. found a fantastic opportunity in Cedar Park, TX. This rehab deal is located on a HUGE corner lot, conveniently close to schools, shopping and restaurants. In addition to an ideal location, this home has three bedrooms, two bathrooms, built-in bookcases, a fireplace and a large backyard. It also has covered front and back patios for relaxing on hot summer days. Clarence’s deal qualified for 100% Financing – we were able to fund 100% of the property purchase price and rehab costs, with Clarence bringing $0 cash to close.
Clarence performed an excellent rehab on this property, including new wood laminate flooring, a new HVAC unit, interior and exterior paint, sheet rock, bathroom fixtures and cabinets. As a result of his efforts, Clarence was able to net an overall estimated profit of $54,050 on this deal.