Rancher in Colona, IL
Investment Info:
Single-family residence buy & hold investment in Colona.
Purchase price: $120,000
Cash invested: $120,000
This is a large ranch with a great back yard. Upgraded kitchen and appliances make up an eat-in kitchen.
What made you interested in investing in this type of deal?
The deal came across my desk after I started my SoloK.
How did you find this deal and how did you negotiate it?
The deal was brought to me via Lead.
How did you finance this deal?
Bought this property through my SoloK.
How did you add value to the deal?
Rehab the interior to a higher quality.
What was the outcome?
Rental.
Lessons learned? Challenges?
Nothing rents when it's -56 degrees!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
EasyStreet Property Management