Updated 9 months ago on .
Single Family Knockdown, New Construction, Sold.
Investment Info:
Single-family residence fix & flip investment in Tenafly.
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?
Timing and opportunity
How did you find this deal and how did you negotiate it?
Broker
How did you finance this deal?
Self
How did you add value to the deal?
Complete knockdown and construction of new home
What was the outcome?
Very lucrative
Lessons learned? Challenges?
Timing and location critical
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
DM me to discuss.
