First rental property

2 Replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $67,000
Cash invested: $10,000

Renting to family member.

What made you interested in investing in this type of deal?

The house was located to close to our house so we wanted to control who moved in!

How did you find this deal and how did you negotiate it?

Purchased from previous neighbor before it hit the market.

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