First property, single family home

First property, single family home

Rental Property Investor · Wilmington, NC · Member since 2018 · 7 posts · 1 vote

Investment Info:

Single-family residence buy & hold investment in Wilmington.

Purchase price: $161,000
Cash invested: $36,000

Finally found one, took over a year found a great home downtown for a great price. Inspections all came back great. Single family 3bd 2ba

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

Growing area, property values are increasing, wanted to get in while we could still afford to do so.

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

Realtor

How did you finance this deal?

FHA

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  • Rental Property Investor · New York City, NY · Member since 2018 · 18 posts · 8 votes
    6y

    Congrats @Ryan Eder on sustaining your motivation and following through with your goals!

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