Two single family properties deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $112,000
Cash invested: $25,000
This was actually a 2 property deal. Ended up buying both from another investor and rehabbed both in over a 3 month period.
What made you interested in investing in this type of deal?
Price and adding properties to my portfolio
How did you find this deal and how did you negotiate it?
Investor friend was looking to sell.
How did you finance this deal?
Local bank provided 80% loan for both purchase price and repairs.