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rental DEAL

Herve Francois

H&H Real Estate Group in Lawrenceville, NJ
Herve Francois with Fabienne Francois

We found this deal (one of three) through JWB Capital. As with our 2nd purchase, we used funds from our Solo 401K account for the down payment and a non-recourse loan from our Solo 401K account for the balance. We specifically targeted properties in the Jacksonville, Florida market because we were looking for properties with good cash flow growth and potential for market appreciation due to the economic improvement in Jacksonville.

Rental Details

Property City:
Jacksonville
Property State:
FL
Purchase Price:
$140,000
* 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?

Nate Hall from Passive Income Club introduced us to JWB Capital when we told him about our long-term investment goals. We wanted to set up a payment cycle that would allow us to own all three properties free and clear within 5 years of purchasing them together. Accelerating principal payments via cash flow from the property we purchased with cash will allow us to accomplish this goal.