New Build on an empty lot

[Chris Linscheid]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $65,000
Cash invested: $160,000
Sale price: $365,000

New build Single Family Home

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

What we do

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

Post cards , Made an offer for the lot and it was accepted.

How did you finance this deal?

Bank Loan

How did you add value to the deal?

Added a single family home to an empty lot

What was the outcome?

Sold at a profit

Lessons learned? Challenges?

Always keep your eye on a developing area

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No