- 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.
After Jon had gotten the property under contract and his wife, Karen, had lost her corporate job of 11 years, they attended Lance’s bootcamp to gain the knowledge, skillset, and most importantly, right mindset to get this deal done.