Single-family residence buy & hold investment in Collingdale.
Purchase price: $93,000
Cash invested: $2,500
This row-home came in great condition and was near ready to be rented out by the savvy investor looking to build their portfolio. My investor jumped on this one in an hour and is already cash-flowing while waiting to refinance out to buy the next! If you're looking to build your rental portfolio in the Philadelphia area, don't hesitate to reach out.
Congrats on the deal @Alex Uman ! Did you find this for your investor off market or MLS?
@Luke Trovinger we sold this deal off market after acquiring it via the MLS. One of those standard listings which sits at too high of a price to make it a deal. We were able to successfully close cash with a price and timeline which made sense for both my investor and the seller!
@Alex Uman ,way to go, congrats!
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