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rental DEAL

Eric Howell

Tried N True Home Solutions in Kernersville, NC
Eric Howell with Lori Howell

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!

Rental Details

Property City:
Winston Salem
Property State:
NC
Purchase Price:
$40,000
* 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?

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.