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rehab DEAL

Oscar Cordova

CC Home Ventures, LLC in Frederick, MD
Oscar Cordova with Cynthia Cermeno

We bought this house through a wholesaler agency, it was a great teaching lesson for us. When we toured the house we noticed that the basement did not have the expected height so we immediately had to make changes on the project to increase our profit. We did not have the best experience with the general contractor, however, we kept on going till the end. Throughout this journey we had several mistakes and challenges, however, we accomplished our first rehab deal and we are already looking for the next one. We were able to obtain a 90% financing, this process was very smooth and simple. We are very thankful to the FortuneBuilders family, everyone was very responsive and helpful with all the concerns/questions/issues we had, they treated our deal like if it was their own.

Rehab Details

Property City:
Glen Burnie
Property State:
MD
Purchase Price:
$145,000
Repair Costs:
$38,000
Sale Price:
$234,600
* 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 had tons of questions and the family of FortuneBuilders responded very proactively in an effective manner to every email we sent. There were several situations where we requested a follow-up phone call for additional clarification, and they were there for us. We understood that they were super busy with thousands of calls, however, they coached us very professionally and guided us through the project. The documents and tools provided in the program played a very important role in this transaction, without this training we would probably not have the results that we had on this property.

Before & After Photos