Fred Gennaro Wholesale Deal

 

Fred Gennaro Wholesale Deal

DoGood Investments LLC in Conover, 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
Purchase Price: $42,500
Holding Costs: $175
Sale Price: $59,001

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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.