Vacant land purchase
Investment Info:
Other buy & hold investment in Apopka.
Purchase price: $1
Cash invested: $800
Vacant land purchased through auction.
What made you interested in investing in this type of deal?
Liked the property's location. Ideal for those who want to be off the grid
How did you find this deal and how did you negotiate it?
**********
How did you finance this deal?
My cash
How did you add value to the deal?
It has minimal value until the title clears
What was the outcome?
Still holding it until the title clears
Lessons learned? Challenges?
None
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Not yet