New Construction CASHFLOW in Memphis, TN!

[James Wachob]

Investment Info:

Single-family residence other investment.

Cash invested: $160,000
Sale price: $185,000

Brand new home, built to rent in Memphis, TN. If you want to learn how you can own BRAND NEW homes as cashflow properties in Memphis, visit TurnkeyInvest.com
If you need 1st class property management our in-house team at FoundationPM.com would love to serve as your boots on the ground!

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

Brand new = fewer repairs and A LOT of applicants to choose from!

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

The investor came to me with the lot already owned. They purchased this lot in a tax sale and went through the process of cleaning the title.

How did you finance this deal?

Const. Loan w/ a local bank.

How did you add value to the deal?

Building from the ground up

What was the outcome?

Another great property for my investors!

Lessons learned? Challenges?

Working as a team you can accomplish more!

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

I am a Real Estate Investment Broker in TN & MS