60 home community just minutes from Raleigh, NC !
Investment Info:
Other other investment.
Purchase price: $262,500
We purchased 73 ac of raw land where we are building a beautiful community for about 60 first time home buyers. We expect to complete this project in Spring of 2022.
What made you interested in investing in this type of deal?
A great need for housing in the area
How did you find this deal and how did you negotiate it?
I have an awesome realtor !
How did you finance this deal?
CASH !
How did you add value to the deal?
Clearing land, grading and adding roads.
What was the outcome?
Still in Progress
Lessons learned? Challenges?
.... stay tuned
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, I have the best agent on the planet ! :-)
