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commercial DEAL

Ted Petit

Colina 2028 LLC in Marina del Rey, CA
Ted Petit with Janet Onesian

John Blackburn set up our introduction, and also found a deal for us. The building has been completely rehabbed by East Street Properties. The uniqueness of this deal was the city was involved and delivered a myriad of incentives for utilizing and encompassing upon the property.

Commercial Details

Property City:
Moline
Property State:
IL
Purchase Price:
$1,185,000
Holding Costs:
$4,000
Sale Price:
$1,200,000
* 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?

There's only one thing to say about having FortuneBuilders was involved, John Blackburn and his connections with every entity from financing to LLC's and connections with multiple states.