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Updated 11 months ago,
Bought a lot built a house for sale 57 Days
Investment Info:
Single-family residence other investment in Rembrandt.
Purchase price: $10,500
Cash invested: $113,000
New construction project. Built in 57 days. Going to list it tonight on the MLS. Asking $227,000. We'll see how it goes.
What made you interested in investing in this type of deal?
I love taking lots that have been on market for a while and making the deal work
How did you find this deal and how did you negotiate it?
Driving and scouring the mls
How did you finance this deal?
Cash
How did you add value to the deal?
Took a lot that I bought for $10,500 and built a single family on it in 57 days
What was the outcome?
Just listed it….we’ll see
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
My partner is a realtor. She’ll list it and we’ll rinse and repeat