We sourced a 3-bedroom, 1-bathroom home at 106 W College, built in 1968 with 1,268 square feet, located in a strong rental area — an ideal fit for a straightforward renovation and resale strategy. The property was secured for $90,000 using private money financing at 8% interest.
Our investor approached the project with a well-planned renovation budget of $26,000, focusing on key updates like interior paint, a light kitchen renovation, a new bathroom, and replacing the carpet. In just
four months, the home was transformed and sold for $192,000, resulting in a solid $48,200 profit after all expenses.
Purchased for $90,000
Private money at 8% interest
3/1, 1268 sf, built 1968
Southeast San Antonio in strong rental area
Renovations included:
Interior paint
Light kitchen renovation
New bathroom
Replaced carpet
Cost of renovations was $26,000
Hold time of 4 months
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