First House to rent - 10 yr plan
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $220,000
Cash invested: $5,000
A small three bed, 1 bath house with front and back yard. Amazing zoning.
What made you interested in investing in this type of deal?
Wanted a ten year investment property
How did you find this deal and how did you negotiate it?
Deals were dropped twice, seller was going through divorce.
How did you finance this deal?
Mortgage.
What was the outcome?
Won.