Built homes in Oak Cliff

[Leo Watts]

Investment Info:

Single-family residence commercial investment investment.

Purchase price: $50,000
Cash invested: $300,000
Sale price: $550,000

Built two single family homes.

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

I already owned the lots

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

Tax sale acquisition

How did you finance this deal?

Commercial construction financing

How did you add value to the deal?

Partnered with fellow builder