Small House Design & Development

[Zach Milburn]

Investment Info:

Single-family residence other investment in Raleigh.

Purchase price: $23,000
Cash invested: $65,000
Sale price: $155,000

I designed, managed and built a small loft single family house. I self-funded 100% of the project in personal cash with no debt whatsoever.

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

Tiny house movement

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

Property was basically in a trailer park, was a mess and nobody wanted to buy it

How did you finance this deal?

Cash, personally, hard work

How did you add value to the deal?

Conception to completion

What was the outcome?

Decently profitable venture

Lessons learned? Challenges?

There’s a reason banks exist, leverage is a wondering thing if handled responsibly

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

Looking to meet some