Introduction to Rural Infill Land Flipping:
- Lucrative niche in land investing.
- Focus on buying and flipping abundant rural infill lots.
Attractiveness of Rural Infill Lots:
- Cheap to purchase, with sellers willing to accept lower offers.
- Easy to target with scalable marketing due to homogenous comps.
Multiple Exit Strategies:
- Owner financing: buy at 7%, sell at 12%, minimize taxes, increase sale price.
- Modular home packages: partner with builders for quicker sales.
- Cash sales for straightforward transactions.
Seller Dynamics:
- Sellers often have limited attachment, willing to sell quickly.
- Lots often inherited or forgotten, low value and tax burden.
Key Considerations:
- Ensure the lot percs and can be built on.
- Check neighborhood condition and market velocity (average days on market).
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