Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $25,000
Sale price: $125,000
Long-term rental with cash flow. Tenants paid off mortgage, then liquidated.
What made you interested in investing in this type of deal?
Good rental income
How did you find this deal and how did you negotiate it?
How did you finance this deal?
How did you add value to the deal?
What was the outcome?
Lessons learned? Challenges?
Large lot in growing area.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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