Updated 10 months ago on . Most recent reply
Vacant Lot Purchase
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
Jaycee Greene
#2 Multi-Family and Apartment Investing Contributor
Pro Member
#2 Multi-Family and Apartment Investing Contributor
- Real Estate Consultant
- St. Louis MSA
- 610
- Votes |
- 2,499
- Posts
Jaycee Greene
#2 Multi-Family and Apartment Investing Contributor
Pro Member
#2 Multi-Family and Apartment Investing Contributor
- Real Estate Consultant
- St. Louis MSA
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.