Property owners will list/advertise raw undeveloped land for sale, hoping someone wanting the land in that area will buy it. In the example on the left this land was for sale for $69,000 in Marketplace On 3/24/2024.
If the owner were to deed the land over to Hugh Buys Homes LLC, and partner with me under contract, allow me to build the Country Home Plan you see up above, at my expense, and if they can wait 12 to 15 months, we could then list the 5 acres and the new home after improvements for a comparable price of $850,000, here is how this would look.
Cost to build in Victoria, Texas the home plan above plus or minus $300,000 + Realtor and closing fees $35,000 , Loan origination cost $40,000, for a total development cost of $375,000 + -.
Then subtract that $375K from the potential asking/selling price of $850K + -, would yield a NET profit of $475,000 divided by 50% each of $237,500 to both the land owner and Hugh Buys Homes LLC.
The above scenario will work with any real estate, if you are not in a hurry and will trust me to make it happen. A distressed home or one needing repairs must be deeded over to Hugh Buys Homes LLC, and, with my Partner Contract, I will rehab the property, and, we can split the profits when we sell it. If you need CASH NOW I will offer you a discounted amount if that is what you require, but there are larger profits in the after repair value (ARV), you are missing out on. You have to be willing to wait it out, until it closes with a new buyer, to cash out your 50% share.
Do you have LAND for sale that just isn't selling? please call me and let's partner on that land to build a beautiful home and then sell the land fully developed for much more than you will make undeveloped.
You would need to deed that land to Hugh Buys Homes LLC, then I can use the land to secure financing to build a beautiful home at my expense.
We would have a contract where as we would partner together and split the NET profit 50-50 after the sale.
Remember...you may have to wait 12 to 15 months for renovations to be completed.
Have a question? Need help with something? Contact us today and we'll be happy to assist you.
210 279-6529
Hard to sell property, can become highly sought after, once the land is refurbished or developed.
Partner with me to develop or refurbish hard to sell land. We can split the after repair NET profit 50/50.
Remember...you may have to wait 12 to 15 months for renovations to be completed.
Have a question? Need help with something? Contact us today and we'll be happy to assist you.
210 279-6529
Do you have a run down Apartment Complex or Shopping mall ? Let's partner and let me bring them back to life and cash out much higher than a discounted pre-renovation cash price. Often times I can refinance the original hard money loan and include your 50% and buy you out once renovations are complete.
Remember...you may have to wait 12 to 15 months for renovations to be completed.
Have a question? Need help with something? Contact us today and we'll be happy to assist you.
210 279-6529