Westchester County Tear Down Spec House

[Adam Henrich]

Investment Info:

Single-family residence other investment in Bedford.

Purchase price: $1,650,000
Cash invested: $750,000
Sale price: $2,995,000

Complete tear down of residence. Reuse of foundation. New 6 Bedroom 8000 Sq/ft with pool and renovated tennis court.

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

Many hours driving through the area looking to find a unique piece of land....

How did you finance this deal?

Commercial line of credit

How did you add value to the deal?

Facilitated all construction, schematic design for Architect Review only. Full mechanical design and layout and intererior design all performed in house through pour team at Via Bella Ventures