Culpepper Case Study
1236 Culpepper Drive Breakdown
- Purchase Price $229,985
- Sold for $330,000
- Rehab Costs ($0.00)
- Investor Holding Costs ($23,000)
- Closing Costs ($5,607)
- Selling Commission ($5,700)
- Profit $65,708
Purchase Details:
In this purchase, we were able to prevent the house from going into foreclosure just two weeks prior to auction. The bank agreed to postpone the sale and negotiated a very favorable price. We were able to put the house into contract within 30 days of our purchase and all parties were pleased with the outcome.
