First Rental- Single Family Farmhouse
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $108,000
Cash invested: $5,600
Single Family 3 bed 1 bath house on 1.7 acres. House has been rehabbed and now supplies a steady amount of cashflow while still allowing me to use separate buildings on the property payment free to run my business from.
How did you find this deal and how did you negotiate it?
Deal was found on Zillow
How did you finance this deal?
Conventional Mortgage with 5% dp
How did you add value to the deal?
House was completely remodeled inside and out after 1st tenants moved.