Single Family Knockdown, New Construction, Sold.

[Evan Grant]

Investment Info:

Single-family residence fix & flip investment in Tenafly.

Purchase price: $850,000
Cash invested: $500,000
Sale price: $2,250,000

Purchased , knocked down, built new from ground up

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

Timing and opportunity

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

Broker

How did you finance this deal?

Self

How did you add value to the deal?

Complete knockdown and construction of new home

What was the outcome?

Very lucrative

Lessons learned? Challenges?

Timing and location critical

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

DM me to discuss.