First Investment/Dumb luck
Investment Info:
Single-family residence other investment.
Purchase price: $43,000
Sale price: $95,000
House hack turned live in flip.
What made you interested in investing in this type of deal?
Opportunistic deal that presented before I was ready but could not pass up.
How did you find this deal and how did you negotiate it?
Personal connection to the family....dumb luck
How did you finance this deal?
Creative personal family financing
How did you add value to the deal?
Cap ex improvement
Lessons learned? Challenges?
Learned where to add value and where not. I also learned a lot about eliminating emotions from the deal.