Matthew Lasater

Blue Halo Homes, LLC in Strasburg, CO

Matthew Lasater with Kelli Lasater

This deal was found through a realtor that we connected with while looking at another property. Our realtor heard about this deal as a pocket listing from one of her colleges and called us. 80% of the deal was funded with a private lender we found through FortuneBuilders. We brought 20% of our cash into the deal using a line of credit we have established. This rehab was strictly cosmetic repairs. New kitchen cabinets, countertops, flooring, doors, trim, light fixtures, and vanities.

Rehab Details

Property City:

Arvada

Property State:

CO

Purchase Price:

$225,000

Repair Costs:

$27,000

Holding Costs:

$5,500

Sale Price:

$315,000

* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

We used the FortuneBuilders group to find a PML to help fund the deal. Also, the motivation and education we receive from FortuneBuilders helped us complete this project.