Before:
Gordon rehabbed this project with his brothers using the cash flow from previous rehabs. The residential finance mortgage was $145k. They found it to be more cost efficient to buy the materials and sub out labor.
Total Reno Cost: $20k
New Flooring: $2k
Exposed Brick: ~$200
Painting throughout: $2k
New Heater: $4k
New Roof: $3k
After:
ARV: $225k
Rent: $1250/month
