First Investment Property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $255,000
Cash invested: $60,000
My husband and I just closed on a single family home in North Spokane!
What made you interested in investing in this type of deal?
My husband and I have been lookin for a rental house for a few months! We want to have a variety of long term and short term rentals.
How did you find this deal and how did you negotiate it?
We found this deal on the open market and offered a 22AD to beat out other offers.
How did you finance this deal?
Conventional loan with 20% down.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am a Realtor myself so I was able to negotiate the deal for us! I love working with investors and would be happy to assist any other investors in purchasing their rentals!