Damion Palmer Rehab Deal

 

Damion Palmer Rehab Deal

L&P Property Solution LLC in Douglasville, GA

Very excited about my first deal. I got the property for 8,500 under list price

Rehab Details

Property City: atlanta
Property State: GA
Purchase Price: $37,500
Repair Costs $47,000
Sale Price: $135,000

* 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?

I found the Deal on MLS , After running my credit so many it drop my score so low when i was finally ready to finance the deal i was not approved. I had ten days to close i try to wholesale it had many inquiry but no Deal. I was schedule for a field expert call, I was like a fish out of water until i spoke to MEL Feller He is a awesome coach he gave the idea to use a asset lender. I did some research and found one he closed the deal in three days.


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

WE are adding a Master bathroom, new flooring all threw the house , update the kitchen , brand new HVAC, Paint inside and out new windows.


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

There is always a way out Morally and ethically . Just do good Businesses and follow up on every thing


Shout Outs & Testimonials

MEL Feller I gotta give a big shout out, I couldn't ask for a better coach.