Third investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
Cash invested: $43,630
3 BR, 2B SFR
What made you interested in investing in this type of deal?
I have other properties in the area that are cash-flowing and the numbers worked on this deal
How did you find this deal and how did you negotiate it?
Roofstock
How did you finance this deal?
Conventional financing with 25% down
How did you add value to the deal?
Nothing. However, the property appraised $2,000 above the purchase price
What was the outcome?
Purchased and the PM will place on the rental market soon
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Utilized Roofstock and CrossCountry Mortgage
