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Updated almost 11 years ago on .

User Stats

139
Posts
21
Votes
Troy Knight
  • Belmont, NC
21
Votes |
139
Posts

HUGE Investment Opportunity, low-medium risk, $250,000 return, $650,000 investment

Troy Knight
  • Belmont, NC
Posted

Calling all investors! Well, first off, I'm a Realtor. Ok, now that we have that out of the way, let's get to it. 

I have sourced a deal in Charlotte, NC that is a pretty safe and sound investment. It would require the purchase of a piece of property, building a home on the property, then selling the home at $231 per square foot which is the low average price per square footage of homes built in the immediate area. I don't want to profit share or anything like that, I just want to be the realtor for buying the land and selling the home. I have a builder in mind that our company partners with regularly that could do the work. They use this similar model in the high end areas of Charlotte. 

Basics:
Buy land: $250,000
Build 4,000sqft house: $400,000
Sell newly built house: $925,000
Realtor commission of 5%: $46,250 (That's why I'm fine with just being the Realtor :) ) 
Average days on market in the area is 11. 

If you're an investor in Charlotte, Toledo, Chicago, LA, Florida, Dallas, or WHEREVER, this deal makes great sense. If you would like to meet, I'd be happy to do so and introduce you to the area and the builders, then show you the builders' portfolio of homes currently going up. 

Feel free to call/text/email: Troy Knight, 704-619-3302, [email protected]