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rental DEAL

Phyllis Drake

Homelift Properties in New Milford, CT
Phyllis Drake with Kevin Drake

This property was a short sale that was brought to us by a bird dog. The list price was the approved short sale price so we went in with a full price offer and easily won the deal. The unit didn't need much work so the numbers worked great for a rehab or rental. We decided to hold the property.

Rental Details

Property City:
New Milford
Property State:
CT
Purchase Price:
$100,000
* 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?

The short sale info we learned at the REO short sale Bootcamp was very helpful. As on all of our deals, FortuneBuilders is the reason we were able to have the knowledge and confidence to do this deal.