Mike and Erin’s Story:
Erin and Mike were like many other frustrated couples with the local home buying process. After being shut out twice on trying to buy houses on a short-sale, they decided to open their options and look at a foreclosure we were getting ready to purchase but needed a whole lot of TLC! After the initial walk through and vision for what it could be, we agreed on a $30k custom job that included giving the house a major overhaul, on nearly every aspect. We told Mike and Erin we would buy the house and pay for all the renovations and closing costs and they could buy it back from us for an under market value price.

“We thought the house would look nice after putting $30k into it but had no idea we would just fall in love with it! The neighborhood is so quiet and our dog, Murphy, has the perfect backyard to explore! Thanks for helping us buy our first home – we just love it!”
– Michael and Erin McElveen

Financial Highlights of Successful Project

• Michael and Erin purchased their first home with only 3.5% down and pocketed the $8,000 tax credit & their closing costs were paid (only $850 per month total house payment)!
• Local investor earned a 23% annualized return for their short-term participation as well as an excellent security position and the ability to see Erin and Mike “totally flip out with excitement”!
• Trustee One Solutions, LLC provided over 22 jobs to a variety of local workers and contractors as well as purchased over $12,000 in building materials from Lowe’s!
• Lakeland’s local housing market was improved as well as the values in the Honeytree North subdivision