Student Success Story - Lucky Luck

Hello Mr. Ron,

Lucky here!

We got this house under contract at the end of June, closed at the end of July, and found our tenant-buyer from our first open house. We had almost 40 people come through that weekend. ARV is about $190,000, we bought it for $185,000, we're selling it for $199,900, and it should cash flow about $300 per month.

https://www.zillow.com/homedetails/6350-Rannock-Dr-Fayetteville-NC-28304/53622562_zpid/?view=public

We have another house we bought, sellers are moving out on 11th and we are doing an open house on 15-16 with potential buyers for it! We should get 30K.

https://www.zillow.com/homedetails/2120-Lunsford-Dr-Fayetteville-NC-28314/458515680_zpid/

We have another low equity house under contract that should be closed by the end of month and we have a tenant buyer waiting with 20K for down payment!

Loan Balance- 263K. 

ARV - 270K

PITI - $2100

https://www.zillow.com/homedetails/3702-Masters-Dr-Hope-Mills-NC-28348/80879582_zpid/

And the last but not least, we have a Ugly house that supposed to be closed on August 25th with 20K assignment fee!

Thank you for all your Great help and advices! 

Lucky!

More to come!

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