Matthew and Kim Jonas’ Story:
Kim came to us wanting to do a creative financing arrangement but was a little uncomfortable doing so because others had tried to take advantage of her. After visiting our website and answering several questions, Kim felt good about working with us. Kim’s husband, Justin, was getting ready to be deployed to Iraq for 12 months and wanted to make sure his two children were in a safe home and quiet neighborhood. The house at Periwinkle was perfect! We bought the foreclosure and did a nice renovation and Kim agreed to do a 2 Year Lease Option and possibly a contract for deed scenario in the future.
Financial Highlights of Successful Project
- Matthew and Kim’s first home only cost $895 per month with their mortgage payment, taxes and insurance!
- Local investor earned a 12% annualized return for their short-term participation as well as an excellent security position.
- Trustee One Solutions, LLC provided over 12 jobs to a variety of local workers and contractors as well as purchased over $5,000 in building materials from Lowe’s!
- lakeland’s local housing market was improved as well as the values in the Cleveland Heights/South Lakeland area.
