My First Land Deal

[Katlynn Teague]

Investment Info:

Other wholesale investment.

Sale price: $55,000

My first-ever land deal!
This lot was raw land, zoned residential, at 21,700 sqft. My investors are looking to build a 1,600 sqft at $120 per square foot with an exit of $375k. The estimated time frame to complete is 6 months!
Their goal for this build was to create a beautiful modern home that the average home buyer could afford. The investors are looking to start building affordable housing that looks like the 600s-700s homes that everyone sees!