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Updated 4 months ago,
Land deal pure profit
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $4,000
Cash invested: $15,000
Bought land with 5 mobile homes on it cleaned it up now it's my construction yard.
I would like to buy the land behind me and convert it! 10 acres
What made you interested in investing in this type of deal?
Land value
How did you find this deal and how did you negotiate it?
Tax list . Told them to sell it
How did you finance this deal?
I cashed it
How did you add value to the deal?
Clean up
What was the outcome?
Love it
Lessons learned? Challenges?
Dumpster cost
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No