We found this rental by an agent referral. Its a housing voucher home with 100% of the rent paid by the government. All main systems except for A/C are new. With an existing long-term tenant. We purchased with private money and was able to 100% Rifi 5 weeks later. It is projected to pay off in 5 years. Love Passive income!
How did the FortuneBuilders team and resources help you to accomplish this deal?
Finding a bank to 100% Rifi was a challenge. I talked to around 8 banks and the majority said yes but I had to season the property for 6 months. The network helped to keep me moving in the right direction.