Buying a Historic Foreclosure Near EverBank Stadium | Rent-by-the-Room Ep. 1

Welcome to Part 1 of this 3-part real estate acquisition series! Join me, Chris Clayton, as I walk you through how I found, negotiated, and financed a 2,400 sq. ft. historic foreclosure (built in 1901) located just steps from EverBank Stadium in Jacksonville, FL. In this episode, I break down: • How I got first-look access to an off-market REO foreclosure deal. • The 120-year-old zoning loophole that allowed us to convert industrial property into a high-cash-flow residential/Airbnb strategy. • How we locked up the $145,000 purchase in less than 24 hours. • Why private money lenders earn a 12% return on deals that traditional banks refuse to touch. Watch along as we walk through the general contractor’s initial walkthrough and lay out the plan for this rehab project! CONNECT WITH ME Interested in private lending or earning an 8–12% return on your investment capital? 🌐 Visit: https://www.thinktankholdingllc.com 👍 If you enjoyed this video, please LIKE, SUBSCRIBE, and leave a comment below! See you in Part 2, where we break down the full deal analysis spreadsheet, acquisition costs, and projected income!