Single-family Build and Sell
Investment Info:
Single-family residence other investment in Desoto.
Purchase price: $160,000
Cash invested: $32,000
Working on building single-family new construction to sell at build completion.
What made you interested in investing in this type of deal?
Wanted to flip for quick cash flow to invest in other longer-term investments. Decided not to rehab, but just build new construction instead and sell it off.
How did you finance this deal?
Personal savings and bank finance.
What was the outcome?
In progress . . .
Lessons learned? Challenges?
TBD
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
TBD