Jay Gata

Benedict Properties LLC in Dartmouth, MA

We found the deal via a direct mail campaign to Absentee Owners. We funded the deal using a line of credit we have established through one of our lenders. This was the most unique part of the deal as the FortuneBuilders systems guided us to help build the relationship with a local credit union showing them our Lender Credibility packet and providing them with the systems we were using to manage the rehab process. The project was close to full rehab, windows, roof, siding, porches, doors, kitchen, baths.

Rehab Details

Property City:

Acushnet

Property State:

MA

Purchase Price:

$170,000

Repair Costs:

$60,408

Holding Costs:

$2,500

Sale Price:

$339,000

* 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?

The resources help us build a great relationship with a local lender in order for us to secure a line of credit not only for this deal but for others in the future.