I built my first home in tulsa Oklahoma

[David Dyer]

Investment Info:

Single-family residence other investment.

Purchase price: $10
Cash invested: $70,000
Sale price: $109,000

Purchased the land for $10.00 dollars built a 1358sq. ft. home for $70,000.00 and sold it for $ 109,000.00

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

Looked to be a great deal.

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

City of Tulsa had it out for a tax sale so I didn't have to negotiate.

How did you finance this deal?

Settlement from a motorcycle accident.

How did you add value to the deal?

Building a home on the property.

What was the outcome?

Very good.

Lessons learned? Challenges?

You can do anything when you put your mind to it.

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

Caldwell Bankers