New Construction Case Study: Project Washington

Project Washington was my first attempt at developing a Single Family Residence.

• We bought the property on 12/17/2021 for $523,900.
• We sold the property on 11/2/2023 for $2,010,000.

We did well, but it took almost 2 years(!!!) to drag this project across the finish line.

Carrying costs were brutal - my lenders made more money than I did (while taking on much less risk).

But I digress.

This case study is precisely the type of resource I wish I had before I started Project Washington.

It's also the resource I reference most when underwriting new opportunities. There's simply no better way to generate your next project's budget than with recent actuals.

Here's what you can expect:

• Profit & Loss Statement - Hard Costs Only
• Floorplans & Elevations (Plans & Renderings)
• Select Pictures from Listing Package to Show Finish Detail
• Snapshot of Appraisal from Purchase (As-Is + ARV)
• The Investor Pitch Deck.pptx I used to fund this deal using 100% OPM

The best part is you can get it for the low, low price of Free.99 (pay-what-you-want).