Townhouse buy & hold investment.
Purchase price: $474,000
Cash invested: $95,000
Purchased as investment property, long term buy and hold
What made you interested in investing in this type of deal?
Purchased same floor plan from this builder in another community once already.
How did you find this deal and how did you negotiate it?
Seller had to move for a job 4 months after purchasing
How did you finance this deal?
20 Percent down investment financing
How did you add value to the deal?
Negotiated in some furniture to leave for tenants
What was the outcome?
Rented very quickly
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
My wife assisted me as my agent
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