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Updated over 1 year ago on . Most recent reply

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297
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98
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Jamie Parker
  • Real Estate Investor
  • Memphis, TN
98
Votes |
297
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Vacant Lot Purchase

Jamie Parker
  • Real Estate Investor
  • Memphis, TN
Posted

Investment Info:

Other buy & hold investment.

Purchase price: $3,000
Cash invested: $3,000

Vacant Lot

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

The city is changing the zoning in the area. Plan is to purchase multiple vacant lots for future development.

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

Land Bank Property

Most Popular Reply

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2,929
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706
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Jaycee Greene
  • Real Estate Consultant
  • St. Louis MSA
706
Votes |
2,929
Posts
Jaycee Greene
  • Real Estate Consultant
  • St. Louis MSA
Replied
Quote from @Jamie Parker:

Investment Info:

Other buy & hold investment.

Purchase price: $3,000
Cash invested: $3,000

Vacant Lot

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

The city is changing the zoning in the area. Plan is to purchase multiple vacant lots for future development.

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

Land Bank Property

Hey @Jamie Parker. Are you looking to build on the vacant lots or just hold on to them and sell them later? I've worked with several folks in Missouri that have done similar deals with the STL and KC land banks. 

  • Jaycee Greene
  • [email protected]
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