New Home Built and SOLD, 5100 Plus Square Feet

[Evan Grant]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $850,000
Cash invested: $500,000
Sale price: $2,250,000

Purchased , knocked down, built new from ground up

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

Market timing, properly acquired property, personal capital available

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

Local real estate broker

How did you finance this deal?

Self financed

How did you add value to the deal?

Performed as the GC

What was the outcome?

Lucrative.

Lessons learned? Challenges?

Buying right is critical as is timing

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

Another discussion.