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rental DEAL

Lynn Fredericksen

93 West Investments in Hayward, WI
Lynn Fredericksen with Judy Ranum

We found this property on the MLS. We borrowed the down payment from a private money lender and got a bank loan for 80% of the appraised value. We bought the lake house fully furnished and listed it as a short term rental. We upgraded the HVAC system, added a utility room and purchased a new dock.

Rental Details

Property City:
Stone Lake
Property State:
WI
Purchase Price:
$450,000
* 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?

My Coach, Christy Duckett-Harris, coached me on parts of the STR strategies. The FB systems taught us how to find the private money lender.