1.02 Acre Double Close in Orangeburg County, SC

[Lindsey Johnson]

Investment Info:

Other other investment.

Purchase price: $5,500
Sale price: $12,500

Double closed 1.02 acres of residential land in Orangeburg County, SC. Seller was tired of the land and the buyer was an institutional mobile home company.

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

Solving a problem for the seller and bringing a product to the buyer

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

Mail, blind offer

How did you finance this deal?

N/A, Double close

How did you add value to the deal?

Brough a solution to the seller and a project to the buyer

What was the outcome?

A decent spread and 3 happy parties

Lessons learned? Challenges?

Perc tests are important!

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

Weeks and Irvine LLC