Lynn Fredericksen Rental Deal

 

Lynn Fredericksen Rental Deal

93 West Investments in Stone Lake , 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
Purchase Price: $450,000

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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.