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rehab DEAL

Victor Alves

Shapeup Home Buyers & Poma Homes in San Antonio, TX
Victor Alves with Gaspar Rivera

This deal came to us through a direct mail campaign and actually, the seller's father reached out to us. His daughter had gone through a divorce and needed to sell the house fast because she couldn't afford the mortgage anymore. They choose us even though we weren't the highest offer because of our reputation in our local market. We funded with a couple of our repeat private lenders, renovated the house, which was mostly cosmetic, and sold with one of our realtors.

Rehab Details

Property City:
San Antonio
Property State:
TX
Purchase Price:
$140,000
Repair Costs:
$21,841
Sale Price:
$221,000
* 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?

FB always teaches us to become the expert on your local market and make sure to always be marketing. Present yourself professional and always follow through with your promises that way you reputation can more valuable than price.

Before & After Photos