Short on-camera testimonial from Bob and Debbie Bouchard describing a real-estate acquisition: they formed Creative Source Properties, LLC and purchased six foreclosure houses in one neighborhood (a cluster deal) after following Dean Graziosi’s business principles. They closed within about one week with no money down, obtained a bank price on six foreclosures, walked away with about $90,000 in combined equity, received over $2,000 from the bank for fees/closing, recovered their earnest money, and are now renting the properties.
Questions this video answers
Six houses.
Creative Source Properties, LLC.
$90,000.
Over $2,000.
No money down.
Chapters
I'm Bob Bouchard. This is my wife, Debbie. And we've acquired several properties since enrolling in. The program behind us is one of them. Let Debbie explain a little bit about what we're doing.
What we did just a few weeks ago, just.
I wouldn't have believed it if somebody.
Told me, but we bought six houses all at once in a cluster on this street. We followed all of your business principles.
Started our new corporation, got our own phone number, got a business name.
So we are really in business. We are Creative Source Properties, llc. And we used all of your folks that help advise us. This is one of the homes that.
We just bought on a street.
We bought in one neighborhood, six houses that were in foreclosure. So we got a cluster deal with.
A bank that gave us a phenomenal price on these homes.
A real estate agent called us, asked us if we wanted to invest in some homes. She had six of them that the bank wanted to sell. And within one week's time, we closed on them with no money down, walked away with $90,000 in equity in six properties and came away from the closing with over $2,000 that the bank gave us for fees. We got our earnest money back and now we're renting them out. So it's been a really good experience so far and we're looking forward to doing more.
I'll tell you, the deals are out there, people. This is the time to buy. So if you have anything that you want to do, it's just going to take some action to do it. Just like Dean says, nothing kills somebody.
More than just thinking about it. You've got to do it. Thank you, Dean, and your team for encouraging us, giving us the materials in.
Our hand so that we can make a change in our life.
