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Updated over 4 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
David A Spagna
  • Lender
2
Votes |
8
Posts

Modular home construction is by far the easiest to control.

David A Spagna
  • Lender
Posted

Investment Info:

Single-family residence other investment.

This is my most recent. I have been in and around construction my whole life. My expertise is in underground utilities, excavating, grading and paving. I excavated and set grades for footings and prefab walkout basement. I installed city sewer service, city water line, widened city street and installed street curb with driveway opening, back filled, installed driveway, finish grading, and installed lawn. The house is modular. We chose interior to be blank so we could finish on site.

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

Always looking for a new adventure

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

My daughter is a local realtor so she keeps an eye out for me.

How did you finance this deal?

Cash

How did you add value to the deal?

GC'd the job

What was the outcome?

Happy

Lessons learned? Challenges?

Fight the urge to use the cheapest sub.

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