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Updated about 10 hours ago on . Most recent reply

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Mike Cercone
  • Real Estate Broker
  • Massachusetts
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Foreclosure success, bought land and permitted for 11 units

Mike Cercone
  • Real Estate Broker
  • Massachusetts
Posted

Investment Info:

Small multi-family (2-4 units) other investment in Boston.

Purchase price: $200,000
Sale price: $715,000

Bought land in tax title foreclosure, got it permitted for 11 condos, flipped to a builder. I'm a broker & an auctioneer and have done dozens of distressed deals. This is just a sample.

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