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wholesale DEAL

Brittney Parker

Red Door Realty Solutions LLC in Henrico, VA

I have been in the FortuneBuilders Inner Circle program for 2 years 3 months and 5 days. I have just completed my very first deal! How I received the deal: My mother-in-law called and asked me if I still buy houses. I eagerly replied yes. She went on to say she wanted to sell her house and move. I quickly printed out the purchase and sale agreement and met with her to sign the form. Once the form was signed, I looked for money. I was able to locate funds via hard money but I wasn't able to get the gap funding I needed to close the deal. I ended up wholesaling the deal to one of the FortuneBuilder coaches. It has been a win-win for both of us! Whoever reads this, never give up it took me 2 years 3 months and 5 days to receive my very first deal check!

Wholesale Details

Property City:
Richmond
Property State:
VA
Purchase Price:
$70,000
Repair Costs:
$30,000
Sale Price:
$145,000
* 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?

I followed the steps of marketing my business on social media, being ready with the purchase and sale agreement, locating funds and having a buyers list. I feel like what helped the most was being prepared with multiple exit strategies.