In this video, Fernando will talk about his Fix and Flip deal in Schaumburg, Illinois.
It is a very interesting and unique property because it has a lot of lessons built into it.
The property has been stuck in probate for more or less 7 years. When the owner finally moved the property from probate she decided to sell it. At the same time, she is also building a house in Florida and expected to move- in into that home on December 15, 2020.
Although before she could move in, the builder of her house in Florida required her to pay all the cost by December 14.
Thus for the need for Fernando’s team to sell the other property in Illinois.
The house was built in the 1970s. It’s a 3,000 sqm floor area property with five bedrooms and two and a half bathrooms. It has a full basement with a pool table and bar. It also features a spa room with a hot tub. It has an outdoor pool as well. It sits on 1.2 acres in the middle of forest preserves that gives a very secluded ambiance.
The only issue with the house is it’s super outdated and a lot of things are not up to code which brings a lot of safety issues. This gives Fernando’s team a lot of work to Fix and Flip this house.
If you want to learn more about how and how much Fernando’s team spent in fixing and flipping this house, just continue watching this video.
Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,