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Updated about 2 years ago on . Most recent reply

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David Pen
  • Member since Jan 2, 2023
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David Pen
  • Member since Jan 2, 2023
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David Pen
1
Votes |
5
Posts
Real Estate Deal Analysis & Advice

A little return due to lack of enough due diligence.

David Pen
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $23,193
Cash invested: $26,000
Sale price: $35,000

Got this nicely located lot from a wholesaler. Didn't know it would be a bit hard to sell because of the slope of about 15-20 degree. But finally sold it after about 10month with a tiny bit profit.

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