Was going to be a new build but turned into a lot flip

[Cody Harris]

Investment Info:

Other buy & hold investment in Titusville.

Purchase price: $100,000
Cash invested: $100,000

Bought 3 acre parcel to do a new build on. Sat on it for a year and then resold the lot.

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

Planned to do a new build on it. Value increase on the lot and had profit so decided to sell it.

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

Found it through the MLS.

How did you finance this deal?

cash

What was the outcome?

Flipped it for profit.

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

Yes I was the Realtor on it.