Land Flip in Marble Falls, TX

[Jake Panko]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000
Cash invested: $10,500
Sale price: $80,000

Land flip

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

2.65 acres in beautiful Marble Falls. We were going to build our house on it but then moved to Portland, OR.

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

On-market

How did you finance this deal?

Conventional

How did you add value to the deal?

Got a survey and I took the risk to buy and it happened to be at the right time.