Updated over 6 years ago on .
8 acres on the Chesapeake in Anne Arundel, MD
Investment Info:
Other buy & hold investment in Shady Side.
8 acre parcel of vacant land in a quickly developing town on the Chesapeake in MD. Looking for a developer to JV on the creation of SFHs or townhomes. Also willing to sell outright for 299K
What made you interested in investing in this type of deal?
Very low cost and low risk, but has a very high reward potential
How did you finance this deal?
Purchased with a HELOC
How did you add value to the deal?
Bought is substantially below market and am currently clearing a sizable potion