Profitable Renovation on Brown Cemetery Ln

[Julie Muse]

Investment Info:

Single-family residence renovation investment.

Purchase price: $140,000
Cash invested: $62,142
Sale price: $250,000

Contributors:
Peter Vekselman

Partner Driven partnered with Vance Hudgins on a full renovation project in Tennessee Ridge, Tennessee. The property was purchased for $140,000, improved with $62,142 in upgrades, and sold for $250,000. This deal shows how the right rehab plan, strong execution, and full funding support can turn a dated home into a profitable success.

What made you interested in investing in this type of deal?

This home had solid structure and plenty of room for value creation. The margins were strong, the area offered steady buyer demand, and the property's condition made it a great candidate for renovations that would significantly increase resale value. It checked all the boxes for a strong fix and flip opportunity.

How did you find this deal and how did you negotiate it?

Vance sourced the property through direct-to-seller outreach. The seller was motivated and ready for a smooth, as-is closing, giving room for favorable negotiation. By responding quickly and building trust, Vance secured the contract before competitors stepped in, setting up a great opportunity for renovation.

How did you finance this deal?

Partner Driven funded 100% of the purchase and rehab, covering the $140,000 acquisition and $62,142 renovation budget. With all capital supplied, Vance was able to focus solely on managing the project. This structure created a low-risk path to a high-profit outcome once the renovation was complete.

How did you add value to the deal?

The home received a complete interior and exterior renovation. Improvements included new flooring, upgraded kitchen and bathrooms, modern finishes, and enhanced curb appeal. Each update was chosen to align with local buyer expectations and maximize resale value.

What was the outcome?

The property sold for $250,000 after renovations, delivering a strong profit after expenses. The transformation made the home stand out in the area, and the final sale validated the renovation strategy and execution. It was a rewarding success for everyone involved.

Lessons learned? Challenges?

Larger rehab projects always bring challenges, from coordinating contractors to managing timelines and addressing unexpected issues. This deal reinforced the importance of planning, communication, and steady follow-through. With the right support and persistence, full rehabs can lead to exceptional results.