1.0 acre buildable vacant land in Grove City

[David Yoder]

Investment Info:

Single-family residence wholesale investment in Grove City.

Purchase price: $7,500
Cash invested: $7,500
Sale price: $22,500

This 1.0 acre piece of vacant land was bought at a heavy discount due to a financial emergency and I passed it along at a discount to move it quick. I wish that I had a 100 of these!

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

It's a no brainer.

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

Direct mail marketing to my target list.

How did you finance this deal?

via 401k funds.

How did you add value to the deal?

I bought it right and sold it below market.

What was the outcome?

Amazing

Lessons learned? Challenges?

I'd make more if I was patient and just put it on the MLS.