My First New Construction Build - A New Construction Duplex

[Gervon Simon]

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $140,000
Cash invested: $550,000

I am in the process of building a 2,800 square foot new construction duplex! It's going to cost about $550k to build and it has already appraised well over $800k. I learned a ton in this process since it's my first new construction deal.