Buy & Hold
Investment Info:
Other buy & hold investment.
Purchase price: $75,000
Cash invested: $5,000
They are supposed to be building some new homes through DR Horton and paving the road. Bought 5 acres to buy and hold.
What made you interested in investing in this type of deal?
It's all about location
How did you find this deal and how did you negotiate it?
On market for a while
How did you finance this deal?
Cash
How did you add value to the deal?
I was able to get the seller to come down
What was the outcome?
working out great