First property, single family home

1 Reply

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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