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wholesale DEAL

Ansar and Tiye El' Asar

San Francisco, CA

We received this property as a referral from a passive income club Coach we've been working with to acquire residential and smaller multifamily properties. He knew our buying criteria and referred us this property as part of a portfolio liquidation sale for one of the FB directors. We completed our due diligence within 24-48 hours and submitted our offer. About one week later, we were in contract with the intent to hold the property with a flexible COE date since seller was not in rush and was extremely accommodating, patience, and an overall ideal seller we love to work with! After additional due diligence we would need to double close the property. We funded the property in cash from a private lender at 0% interest for 24 hours for 100% of the purchase price + closing cost with no rehab money needed! We are very pleased with this transaction and the outcome despite a few kinks we encountered on our road to closing this transaction. We did a simultaneous double close on this rental deal with no money down and plus our EMD 100% refunded.

Wholesale Details

Property City:
Jacksonville
Property State:
FL
* 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