Cory McKim Rental Deal

 

Cory McKim Rental Deal

Entrusted Home Buyers LLC in Kailua-Kona, HI
Cory McKim with Susana and Cory

We found the deal via our realtor. The unit was owned by the same person we purchased a previous unit from the year before. The unit had been on the market for a while. Susana submitted a strong offer and the seller accepted. The strength of the relationship between the seller and buyer was key in this particular case. The deal almost fell through when COVID-19 affected the world including the Hawaiian islands. We lost our ability to finance conventionally through a bank. Due to the FortuneBuilders system and leadership of Angela Gregg, our coach, we were able to secure seller financing. After a month of renovating the bathrooms, furnishing the unit with modern decor, and retiling the lanai, the unit is now ready for a successful vacation rental experience for visitors and cash flow opportunities.

Rental Details

Property City: Kailua-Kona
Purchase Price: $275,000

* 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?

Big Mahalo to Angela Gregg and the FortuneBuilders system! We received pivotal coaching and guidance from Angela right when we needed it the most. Angela guided us through the process of seller financing and was with us every step of the way until the seller accepted mutual terms of creative financing. It helps a lot to have an expert in the business like Angela to bring credibility and leadership to a creative financing deal. We truly appreciate Angela and the FB system. When COVID-19 built a wall in the way of our deal, Angela gave us a rope to climb over the wall.