Silver Spring, MD
Anthony Beharry
After
Anthony Beharry finished the ProfitablePropert training, he
was enthused and ready to find his first deal. He had learned
multiple techniques to locate property, alternative sources
of financing, the renovation process from top to bottom and
multiple exit strategies to maximize profit on every deal.
His questions had been answered to his satisfaction. In addition,
the benefits of working with a locally based real estate investment
firm that is active throughout the metro D.C. area were apparent
to him.
The owner of a townhouse in Silver Spring responded to a
foreclosure letter sent by Anthony. The owner of the property
had a week until the foreclosure auction. He was ready to
make a quick sale to receive some of his equity and move
back to New England. The house was worth $160,000 with $70,000
on a first mortgage. The property needed only cosmetic renovations.
Anthony placed the house under contract and then immediately
wholesaled the property to ProfitableProperty, with
no money out of his own pocket. John Peterson purchased the
home and completed the needed renovations on the property.
The process took less than a week, and Anthony pocketed $12,500
at the settlement table.
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