Clarence Forster Rental Deal

 

Clarence Forster Rental Deal

Sure Foundation Homes LLC in Jacksonville, AR
Clarence Forster with Sharon Forster

We previously purchased a property from Memphisinvest cash. We now were looking to purchase 2 properties. We contacted the Passive income Club. John Blackburn worked with us, helping us put together a plan of action according to our goals. My wife and I are retired, therefore cashflow was important; but we were also wanted to build a legacy for our children. Therefore MemphisInvest (which is now REI Nation), sent us many leads, which we reviewed with the help of John. We finally found 2 Properties that fit the bill. The second priced at $110,000. Through REI Nation we obtained a non-recourse loan, in which our deposit was 50% of the purchase price. This was a turnkey project in which REI Nation also performed the rehab and were also the property managers, through Premier Property Managers. GOD Bless FortuneBuilders and John Blackburn!

Rental Details

Property City: Jacksonville
Purchase Price: $110,000

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