Tsion Tilahun Rental Deal

 

Tsion Tilahun Rental Deal

Zions Property Solutions LLC in Charlotte, NC

My first investment property deal actually came from an Airbnb guest I had. We were casually discussing what we did on the side and I mentioned real estate. She mentioned her sister needed to sell her house so she facetimed her and I learned she's in a preforeclosure. I locked up the deal & was in contract with the sister before I saw the house. Because her court date was around the corner, I was able to lock up the deal as a "Subject To". We closed in a week. I had to do the repairs, mostly cosmetics while also adding a bathroom. I purchased it as a 6 bedroom, 1 bath. It now has 2 bath. I made this a BRRRR strategy, where it is now refinanced and rented. Now I'm looking to repeat with my next deal :)

Rental Details

Property City: Charlotte
Purchase Price: $125,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

FortuneBuilders helped me accomplish this deal by equipping me with the knowledge to know what a subject to is and how to speak to sellers. I'm forever grateful!