First House to rent - 10 yr plan

1 Reply

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.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you