Jon Perry 2

  • Profit Strategy: Originally, they were going to rehab and flip the property but due to unforeseen obstacles, they modified their strategy and sold it to a developer, did a wrap-around mortgage and made $50,000.
  • Number of Units:42
  • Amount Earned: $50,000
  • Personal Money Invested: $10,000
  • Prior Experience: Had been actively involved in real estate for 10 years, using the buy and hold strategy in Pittsburgh, PA until he had to readjust his strategy around 2008.