Investment Info:

Single-family residence buy & hold investment.

Purchase price: $450,000
Cash invested: $680,000
Sale price: $1,380,000

Bought a tear-down prop. Demo'd it and build a new 6,200 sq ft single fam. home (modular construction). Lived in it and sold it a few years later.

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

Call the owner and proposed the deal.

How did you finance this deal?

construction loan

How did you add value to the deal?

New costr.

Lessons learned? Challenges?

Don't keep your investment any longer after it matures.