My First New Construction Project in Cape Coral, FL

[Veldin Miskic]

Investment Info:

Single-family residence other investment.

New Construction Project - The Oasis Model

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

I have been working with investors over the last 3 years helping them find good deals on land in desirable locations and then building a new house on it to resell.

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

Working with the builders directly.

How did you finance this deal?

New Construction Loan

How did you add value to the deal?

Negotiating with the builder

What was the outcome?

Built a beautiful new construction home, valued at 630k

Lessons learned? Challenges?

Open to discussion.

Great experience overall, took less than 12 months to complete.

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

I am an Associate Broker and I worked directly with the builder. I have also been selling all of the builders homes for the last 3 years, with prices ranging from 600k-1.45M