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Updated 4 months ago on .

User Stats

40
Posts
15
Votes
Jeremy Bourgeois
  • Wholesaler
  • St. George
15
Votes |
40
Posts

Vernal UT Land Flip

Jeremy Bourgeois
  • Wholesaler
  • St. George
Posted

Investment Info:

Other fix & flip investment.

Purchase price: $10,000
Cash invested: $10,000

Land flip. Purchased a buildable infill lot for $10,000 in an HOA, with similar lots going for $30,000+. I have the land listed and hope to sell it for $35,000.

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

Found it through my marketing efforts, and I wanted to do more land deals.

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

Cold calling, negotiated directly with the sellers.

How did you finance this deal?

Cash

How did you add value to the deal?

I did nothing to the lot. I immediately listed it as-is, ready to be built on.