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Homeowner Forum / Construction / August 2006



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$10,000 down for a preconstruction home with $200K-$300K projected equity in a niche market

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Mike Houston - 27 Aug 2006 22:57 GMT
As the market has slowed down, there are new opportunities available
for new home development in niche areas. In particular, the high end
homes of Cape Coral, Florida are doing much better than the mid to low
end homes. Cape Coral is still growing rapidly (5th fastest growing US
city) and most of us project it is only a matter of time that the
market prices will follow the population growth again.

I specialize in helping investors buy land to build spec homes below
market. I do this through my close network with some of the most
successful people in the local marketplace.  One of my clients has an
off-the-market deal to offer a buyer with excellent credit (720+) a
unique opportunity to build a waterfront home for only $10,000 down
that is projected to have substantial equity after it is built.

Preconstruction price: projected about $850,000
$200,000-$300,000 projected equity when completed

Email mikehoustondev@yahoo.com or call me at 239-895-4202 and ask about
the $10,000 down preconstruction waterfront home.

Mike Houston, Licensed Florida Realtor with Mike Houston PA
www.investmentpropertysfl.com

-Serious investors only please-

Disclosure: All information on this piece of property is presented here
is based solely on opinion and is subject to change without notice; no
guarantees are made or implied. This advertisement, projections,
examples, and pictures are for illustration purposes only.  Some
restrictions apply.
John Reddy - 28 Aug 2006 12:29 GMT
As Momma said:   If it's too good to be true.....
 
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