Owner Financed Heber City Land

[Jeremy Bourgeois]

Investment Info:

Other buy & hold investment.

Purchase price: $160,000
Cash invested: $16,000

Buy and hold, seller financed land in Timber Lakes, Utah. Owner financed with 10% down, and 3% interest with a 5 year balloon.

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

I wanted to get into buying land and development

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

I found it off market through a cold call and negotiated directly with the sellers

How did you finance this deal?

Seller financed