Jacksonville Wealth Builders, the company that created an empire out of buying foreclosed homes, renovating them to sell to investors and then providi ...

Jacksonville Wealth Builders President Alex Sifakis tells First Coast News wood is the “least expensive way to build a seven-story, very dense building.” He says it’s customary and safe.

The houses are Jacksonville Wealth Builders’ new business venture. The company buys foreclosed homes, renovates them, sells them to investors with a tenant in place and provides property management.