Dave andBeth Lundon Rehab Deal


Dave andBeth Lundon Rehab Deal

B and D Home solutions in Peoria, IL

Seller purchased for his daughter and started demolition. She made other plans. He is busy running a restaurant which we go to on occasion.(more now) we have had several free meals and free coffee or soda for life he says. Plus made a friend. He has a friend that is a contractor as well. People come in and offer him cheap houses and he does not want any more rentals so will now refer them.

Rehab Details

Property City: peoria
Property State: IA
Purchase Price: $4,500
Repair Costs $35,000
Sale Price: $60,000
Gross Profit: $20,000*

* 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 you find and structure the financing of this deal?

cashed some stocks which were declining anyway

Provide a summary of the repairs and improvements you made to the property.

just beginning. have picture of proposed kitchen at the end

What are some of the major lessons learned that you would like to share with other students that they can learn from?

keep checking craiglist in your area

Shout Outs & Testimonials

knowing the lingo what to say

Before & After Photos