Elda Farinas

E&F Properties, LLC in Phoenix, AZ

We found the deal on Craigslist by a wholesaler. We used a hard money lender that funded 70% + rehab costs. My parents and mother in law lent us 20% and we used our credit cards to raise capital for the remaining 10%

Rehab Details

Property City:

Arizona City

Property State:

AZ

Purchase Price:

$147,500

Repair Costs:

$38,000

Holding Costs:

$9,000

Sale Price:

$237,000

* 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?

When we felt we were out of options, Fortunebuilders kept helping us find a way to explore different options and knock on different doors of opportunity. The knowledge of the coaches, through calls, and webinars made this deal possible!