This was a 50/50% joint venture rehab Ocean Current Properties LLC did with Way to Go Homes, LLC. Total profit was $103,000, with split we both got $51,154. ARV was conservatively at $350,000. Listed at $409,900. Sold for $450,000. It was the best joint venture partnership, very smooth and successful! This was first rehab with WtG! We are working three more together now
How did the FortuneBuilders team and resources help you to accomplish this deal?
FB network allowed my joint venture partners and I to find each other. We used joint venture contracts and resources and coach to work it all out and get everything in place.