Demolition creates land use opportunities! <3

[Pamela Smith]

Investment Info:

Other fix & flip investment in Walnutport.

Purchase price: $16,000
Cash invested: $5,000
Sale price: $55,000

Burned out house demoed and prepped the land for sale.

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

Land always presents opportunity

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

Tax auction

How did you finance this deal?

Cash

How did you add value to the deal?

Demolition of the structure

What was the outcome?

Cleaned up the land for sale.

Lessons learned? Challenges?

Be careful of liens.

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

Lenore Mohr of #@Purelightgroup is amazing!