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wholesale DEAL

Fred Gennaro

DoGood Investments LLC in Newton, NC
Fred Gennaro with Erin Gennaro

This was an off-market acquisition in the house directly next door to one of our flips. We didn't need to fund the deal. We made no repairs. We created our own comp from our flip next door, which made pushed up what we were able to wholesale it for. We assigned it to fellow FortuneBuilder students.

Wholesale Details

Property City:
Conover
Property State:
NC
Purchase Price:
$42,500
Holding Costs:
$175
Sale Price:
$59,001
* 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?

FortuneBuilders provided the purchase agreement, the assignment agreement, and the wholesale checklist.