Single-family residence buy & hold investment in Amarillo.
Purchase price: $37,000
Cash invested: $5,000
2 bed, 1bath single family home.
What made you interested in investing in this type of deal?
Felt comfortable in single family home investment. Started off with a low price & minimal initial upkeep rental.
How did you find this deal and how did you negotiate it?
Searched for about 4 months. Wiggled the price down & negotiated interest.
How did you finance this deal?
Seller finance...paid home off in 7 years
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