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rehab DEAL

Cy Wysocki

ACM Creative Properties, LLC in Jacksonville, FL
Cy Wysocki with Cy Wysocki, Marci Cox, Aaron Cox

We found this deal in one of our favorite neighborhoods at the beach through a probate situation. A friend of ours was dealing with the loss of both of his parents and wanted our help. We walked him through the probate process and about 6 months later he came back to us and said he was ready to sell. We funded this project with private money for 100% of purchase and rehab.

Rehab Details

Property City:
Atlantic Beach
Property State:
FL
Purchase Price:
$100,000
Repair Costs:
$65,000
Holding Costs:
$2,000
Sale Price:
$222,000
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

FortuneBuilders coach Bob Reed guided us through the probate process early on in our business, and we used those tools for this deal and also every day in our business. Coach David Fair guided me through the contract and the process of selling without a realtor. Due to gaining this knowledge, we were able to pre-sell the property 2 months early and also make an extra $5000.

Before & After Photos