24 days til....

Pete Fortunato and Bill Cook teach their Deal-Structuring Course, WHAT BOX? at the Atlanta Airport Marriott on September 15^th & 16^th, 2018.​​​​​​​

So I have a question for you:  Have you ever thought about overtrading – overtrading! -  to put yourself in a position that you like better?  Yeah, me neither.  

At What Box? The Seminar, Pete will discuss one of the deals he just completed.  

Hang on, it’s typical Pete…..

Pete’s friend (we’ll call him Mr. X) wanted to dispose of an out-of-town rental house. He didn’t like the distance or the thrill/threat of management. Problem was, Mr. X had a very low basis in the house.

So what does he do?  Face the threat of theft via taxation? 1031 Exchange into another property?  Sell via Installment Sale?  Or just hang onto the property and hire a manager?

Along comes Pete with his brilliant brain to solve the problem. Pete purchased Mr. X’s house for $70,000 with seller financing at 6% interest and monthly payments of $427.50 for 343 months.  Instead of placing the mortgage on Mr. X’s out-of-town property, Pete secured the mortgage to a rental house at 101 Acceptable Terrace which was closer to Mr. X.

Pete then sold his new ‘out-of-town’ house for $75,000 cash.

Pete also had a rehabber friend who couldn’t qualify for institutional financing, so he sold him the house on Acceptable Terrace, wrapping his $70,000, 6% interest note to Mr. X with a new note of $70,000, 8% interest and monthly payments of $513.64.  

Got it?  Don’t blink….it gets better.  

Pete has a friend (we’ll call him Dr. D) who likes 1^stmortgage notes.  Dr. D was looking for a new note.  So Pete moved the $70,000 6% note that he owed Mr. X to a different collateral (rental property), thereby pushing his $70,000 8% wrap note into a 1^stposition mortgage. He then traded the ‘new’ 1^stmortgage note to Dr. D for Dr. D’s $40,000 rental house and $27,000 cash.

So in this one deal, Pete substituted collateral, wrapped, overtraded and unwrapped a note, and in the process solved problems for three of his friends.  Yep, that’s our Pete.  Brilliant brain.  Big, beautiful heart. 

It’s wild and crazy deals like this that you will hear at Pete and Bill's What Box? Seminar.​​​​​​​​​​​​​​

What Box? The Seminar helps you see the different ways you can creatively construct a deal without using institutional financing.  What Box? helps you realize that, when it comes to real estate investing, there is no box.  Everything is Possible!

What Box? The Seminar with Pete Fortunato and Bill Cook is a gotta-be-there event in Atlanta on September 15th & 16th 2018 at the Atlanta Airport Marriott.  Bill & Pete's What Box? Manual is filled with one interesting deal after another - showing how they found the opportunity, structured it, and put the paperwork in place to secure it.

Join us for an incredible weekend with two of the most experienced investors in the country – Bill Cook & Pete Fortunato.

Don't delay......this class is filling up!

Hope to see you there.  Call Kim Cook at 770 815-8728 for more details register online or simply email the registration form to Kim@CashFlowREI.com