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Updated almost 5 years ago,

User Stats

5
Posts
6
Votes
Cecil D.
  • Flipper/Rehabber
  • Clementon, NJ
6
Votes |
5
Posts

New Build Philadelphia

Cecil D.
  • Flipper/Rehabber
  • Clementon, NJ
Posted

Investment Info:

Single-family residence other investment in Phila.

New Build in Norris Square Philadelphia, PA

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

Started speculating in vacant land.

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

Sheriff Sale auction

How did you finance this deal?

Cash

How did you add value to the deal?

Building a new construction on land

What was the outcome?

Still ongoing but looking good.

Lessons learned? Challenges?

Someone will drop the ball somewhere and create delays which will cost you more money even when working with "professionals". Be proactive and stay on top of details.