Using eBay To Fund Rehabs?

Check out this email I got from one of our coaching students, Mike Kleinstub :

"Dude, just bought a house at auction worth $135k. Paid $62,500. Got to house and the bank put a new roof on the house for us. It has about 15k worth of personal items still in the home. I called the homeowner about them, and he said we could just have them. So the plan is to sell all the stuff on eBay and finance the rehab with the eBay money."

I guess I never thought of this method of funding a rehab. LOL. Nice work, Mike.

Leave a Reply

Your email address will not be published. Required fields are marked *