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rental DEAL

Joanne Williams

Its All Good Properties (IAG properties) in Bolingbrook, IL
Joanne Williams with Stearling Williams, Bryan Williams, Antwaun Murray

This deal was found on the MLS and was a short sale that took about 5 months to get approved through the bank. My original offer was $117,500. The bank countered at $158k and I countered back at $128K and it was accepted. The deal was funded through a private lender who was also a general contractor. The private lender funded the purchase price and the rehab was done through personal finances. The general contractor managed the rehab. Repairs included new kitchen and lower level bath, new flooring throughout and appliances, and painting the interior.

Rental Details

Property City:
Romeoville
Property State:
IL
Purchase Price:
$131,000
* 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 wouldn't have had the knowledge and confidence to complete this deal if it weren't for the ongoing FB training and coaches. I found the private lender through networking, which is one of the important things FB and coaches encourage us to do. I'm a natural introvert so meeting and speaking with other people was a challenge for me but one I overcame with the help of my son Antwaun and the FortuneBuilders team.