Macon, GA Land Deal - 4 Vacant Lots - Need Advice!

[Henrry Novas]

Hi BP! ,

I have a land deal under contract in Macon, GA, but I'm unsure if it's worth keeping. Looking for your insights on its potential and if it's worth wholesaling.

Property Details:

• 4 Vacant Lots
• Location: Macon, GA
• Seller Financing Available (See terms below)

Deal Terms:

• Total Purchase Price: $18,000
• Down Payment: $2,160 ($500 earnest money)
• Monthly Payment: $500
• Term Length: 16 months
• Interest Rate: 5%
• Balloon Payment: $8,675
• Closing Costs: Buyer to pay all closing costs

Additional Info:

• ALL LOTS have water and sewer available
• Zoned for SFH
• No surveys or soil tests available.
• All lots except Mogul Rd recently had homes on them (now demolished, no foundation)