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Real Estate Deal Analysis & Advice

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Rachel Cutler
  • New to Real Estate
  • New York City NY, United States
15
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18
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Jersey City Condo- first real estate investment

Rachel Cutler
  • New to Real Estate
  • New York City NY, United States
Posted Jul 24 2020, 09:19

Investment Info:

Condo buy & hold investment in Jersey City.

Purchase price: $162,000
Cash invested: $10,000
Sale price: $190,000

one bedroom condo, gut renovated

What made you interested in investing in this type of deal?

I wanted a place to live near work

How did you find this deal and how did you negotiate it?

online and I didn't negotiate, which was my biggest mistake AND lesson learned

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Walter Burns at Living on the Hudson