This was a property that came to me through an investor who wanted me to partner with him on finding a buyer for the property. When I marketed it, no other buyer in my network showed any interest. So, I ended up re-running the numbers and had interest in it my self. By the time I contacted him to inform him that I would just buy it, he had ended up signing an agreement with another investor who said he was a buyer, but the guy only ended up giving him and the homeowner the run around and wasted a couple months of time. He eventually, came back to me, because he knew if I said I was going to do something, I would do it (which was his words). Long story short, I told him to let the owner know what I could do and if it works for him, I have no problem closing. We got the transaction closed. I renovated the home and rented it out.
How did the FortuneBuilders team and resources help you to accomplish this deal?
Fortune Builders was the company who hosted the very first real estate seminar I ever heard of and attended, which was how I first got my mind expanded on how soon I really could get involved in real estate investing, which was originally my dream, only after I had worked a job for decades and saved tons of money. In turn, this changed the trajectory of my life tremendously, in so many ways.