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rental DEAL

Victor Alves

Shapeup Home Buyers & Poma Homes in San Antonio, TX
Victor Alves with Gaspar Rivera

This was a property we originally were going to wholesale it. However, after looking at the numbers and discussing with our private lenders it would be stupid not to keep it. We literally bought this property and got paid $20,000 to keep it as a rental.

Rental Details

Property City:
Converse
Property State:
TX
Purchase Price:
$76,850
* 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?

We are always taught to evaluate the deal in all possible exit strategies before deciding what you will be doing with it. rnAlso, make sure to build strong relationships with your lenders and find out what other lending opportunities they’re interested in. rnYou’ll be surprised at how many different ways they’ll be willing to finance you if you have a strong bond with them. This little nugget came from the ignite event!rn