4th buy and hold rental (Seminole Heights- Tampa FL)
Investment Info:
Single-family residence buy & hold investment in Tampa.
Purchase price: $262,000
Cash invested: $19,000
Buy and hold property we are using for our primary residence for the next 2-3 years. In a hot area of Seminole Heights walking distance to bars/restaurants/parks. The long term plan is to rent it either short term rental or long term.
How did you finance this deal?
FHA loan
How did you add value to the deal?
Over $5,000 in closing cost from seller.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I worked the deal myself as I'm a full time real estate agent.