BUY LAND! LOW MONTHLY PAYMENTS-An infill lot or inside lot as commonly referred to is a parcel of vacant land such as an empty parcel between two houses or beside other homes but not always the case. Buying an infill lot can let you build a house from scratch in an established neighborhood with access to public utilities and modern conveniences. FINANCE PRICE IS $22,000@ 7.5% INTEREST FOR 5 YEARS-
A corner lot is a plot of land at the intersection of two roads. “A corner lot is one that is on two adjoining streets, typically the streets run in the front and one side of the lot or home. Advantages are additional yard space, views of two streets, and the potential for more privacy as well as street parking. FINANCE PRICE IS $24,500@ 7.5% INTEREST FOR 5 YEARS
Duplex Lot means a lot designed for containing two (2) dwelling units whether attached or detached . A duplex is generally a property divided into two separate living units. Those units can be situated side by side or stacked one on top of the other (the “one-up, one-down”). There are separate entrances for units. FINANCE PRICE IS $32,500 @ 7.5% INTEREST FOR 5 YEARS- NO PREPAY PENALTY
Many years ago before receiving my real estate license; I bought my first piece of land and began a journey to building passive income. Land will never get old or outdated and at first glance there is nothing that needs repair-—it's land. Buying land as an investment can set you up for the future or sink your money into a hole, depending on how you develop or sell it for profit later. I paid $2,800 for a quarter of an acre in an up and coming city and later sold it for $30,000. I kept repeating the process and have since brought others on this journey with me. The reward is seeing them build their own “promiseLAND” portfolio to access wealth land build legacy!!!. ~ Sandi
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