Katy, Texas, located within the Houston metropolitan area, recently became a prime location for real estate. Darrell A. found an incredible home to rehab and turn into a MUST-SEE property. This excellent deal came with gorgeous trees out front, providing shade on hot summer days. Beautiful landscaping accents this home perfectly, and that’s just the beginning. Darrell saw this deal had four bedrooms, two and a half bathrooms and a wall of windows looking out on a large backyard. He knew it would be a fantastic opportunity to rehab and flip for a huge profit! Darrell soon discovered the interior was better than the exterior. This property includes a master suite downstairs, spacious bedrooms, a large game room and an attractive gas fireplace.
With our help, Darrell purchased the home for the low price of $110,000 and spent only $10,060 in rehab costs. He performed some fantastic upgrades to the house, making the resale value skyrocket. He upgraded the kitchen to include new granite counter tops and stainless steel appliances. Darrell also installed new wood floors, carpet, and blinds. Finally, he spruced up the property with fresh interior and exterior paint. As a result of Darrell’s hard work and our collaborative funding, he earned an overall estimated profit of $11,025!