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Real Estate Deal Analysis & Advice

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Ronald Bush
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Summerville, SC buy and hold

Ronald Bush
Posted Apr 21 2021, 03:01

Investment Info:

Condo buy & hold investment in Summerville.

Purchase price: $148,000

3 beds two 1/2 bath, boat slip and amenity center with pool and HOA

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

Future wealth

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

New construction with a deal that went through got it cheaper than the rest on market.

How did you finance this deal?

VA loan

How did you add value to the deal?

As an investment, future growth

Lessons learned? Challenges?

SC property tax for rentals is high.

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