Carla McDaniel Wholesale Deal

 

Carla McDaniel Wholesale Deal

C-3 Investment Corporation in Jackson, MS

This unique situation involved creating and selling Notes. We bought this property from a tax forfeit sell in Oct of 2017. We created a lease purchase contract and seller financed to a fixer upper for $750 down and $305 a month for 60 months. After the Home buyer made 14 months of good payments we found a note buyer to pay cash for the mortgage contract at 55% of the contract price. In essence, we became the bank!

Wholesale Details

Property City: Jackson
Property State: MS
Purchase Price: $3,953
Sale Price: $12,020

* 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?

FortuneBuilders taught us how to purchase and sell properties in creative ways, how to negotiate deals, how to find deals, and how to create win-win-win situations for everyone involved. Also, we used the FB paperwork to facilitate the deal. Thanks, FB!!