Land for Sale/Lot for Sale

[Sharay Samuels]

Investment Info:

Other other investment.

Purchase price: $42,000

This was land that was purchased and brought.

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

The ability to build a house on the lot

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

The deal went good. I wrote up the offer and submitted it. I only went 3k over my initial offer.

How did you finance this deal?

Cash

How did you add value to the deal?

Buy doing the research myself and getting the best deal for the property.

What was the outcome?

I brought the land. It was a successful transaction.

Lessons learned? Challenges?

It's better to meet the seller half way. Be open minded when handling transactions and

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

Myself