7 min
Ep 130 - Behind The Scenes: Ridgeland Ranch (129 Unit) Freedom Through Passive Income
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- Investing
Ridgeland Ranch is a nickname for the property that we closed back on March 25th. It's 129 Unit in Jackson, Mississippi and we wanted to share this case study with you because there was a big long delay in its closing. It took us about six months from start to finish in terms of the closing issues. This deal was a loan assumption where we assumed the existing loan that's already on the property.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
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Delays are part of real estate, just expect them. In this loan assumption, every time somebody asked for something in the process, it took about two weeks to go full circle, which happened over and over. This deal kept getting delayed but we hung in there because there was lots of upside on this one. There is a high demand in that area, and zoning restrictions is the big barrier of entry to build more.
We bought it for around 12 million and the expectation is to bring value up to around 16 to 17 million within three years. We were willing to go through the muck and the delays in order to get to the finish line, because it is just a fantastic area, fantastic buildings, and lots of opportunity for us and the investors.
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
LinkedIn personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
Ridgeland Ranch is a nickname for the property that we closed back on March 25th. It's 129 Unit in Jackson, Mississippi and we wanted to share this case study with you because there was a big long delay in its closing. It took us about six months from start to finish in terms of the closing issues. This deal was a loan assumption where we assumed the existing loan that's already on the property.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
—————————————————————————
Delays are part of real estate, just expect them. In this loan assumption, every time somebody asked for something in the process, it took about two weeks to go full circle, which happened over and over. This deal kept getting delayed but we hung in there because there was lots of upside on this one. There is a high demand in that area, and zoning restrictions is the big barrier of entry to build more.
We bought it for around 12 million and the expectation is to bring value up to around 16 to 17 million within three years. We were willing to go through the muck and the delays in order to get to the finish line, because it is just a fantastic area, fantastic buildings, and lots of opportunity for us and the investors.
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
LinkedIn personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
7 min