Acreage to build a small house on , Then package it up and flip

[Gary Stringer]

Investment Info:

Other buy & hold investment.

Purchase price: $47,000
Cash invested: $47,000

20 Acres purchased , selling timber off the property valued at $17,000. Intend to build a small 3 BR 2 Ba house on the property and flip

What made you interested in investing in this type of deal?

It was a fabulous buy

How did you find this deal and how did you negotiate it?

Pouring over land for sale on line

How did you finance this deal?

cash

How did you add value to the deal?

Reducing cost by selling timber and then building a basic house to package up and sell house on 20 acres

What was the outcome?

In process