Talk about your prime location! Clarence C. found a fantastic opportunity in Cedar Park, TX. He found this rehab deal 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 funded 100% of the property purchase price and rehab costs, with Clarence bringing $0 cash to close.
Clarence performed an excellent rehab on this property. First, he installed new wood laminate flooring. He also added a new HVAC unit and new sheet rock. Then, he spruced up the property with new interior and exterior paint. Finally, he updated the bathrooms with new fixtures and cabinets. As a result of his efforts, Clarence gained an overall estimated profit of $54,050 on this deal.