Excellent Location Next to Parks
Investment Info:
Single-family residence buy & hold investment in College Station.
Charming home located next to the new College Station Police Department, Central Park, and walking distance to Wolf Pen Creek Park/Amphitheater. Location is a great appeal to this investment. Two miles to Texas A&M University and a few blocks from the bus route. Two story, 3 bedroom, 2 bath home with solid surface floors throughout. The home has Austin stone features on the exterior and has a yard with a privacy fence.
What made you interested in investing in this type of deal?
This ended up being a great owner finance transaction.
How did you find this deal and how did you negotiate it?
I found this home through another broker.
How did you finance this deal?
I wanted a low down payment, good interest rate, and made an offer asking for owner financing. The seller saw the appeal in earning interest.
What was the outcome?
Leased the home to a student/tenant within 1 week of closing.
Lessons learned? Challenges?
Never be afraid to ask for what you want in order to make a transaction work for you.
