Single-family residence buy & hold investment in Pass Christian.
Purchase price: $25,000
Cash invested: $5,000
1,000 square feet 1 bed/1 bath contemporary Katrina Cottage
What made you interested in investing in this type of deal?
I was interested investing in this type of deal because it was an amazing deal off of the MLS
How did you find this deal and how did you negotiate it?
I found this deal through a family friend who was going through the probate process for this residence
How did you finance this deal?
How did you add value to the deal?
What was the outcome?
appraised value post rehab-$115,000
Lessons learned? Challenges?
Always put people first, make transactions easy, and always do what you say you're going to do.
Nice! Congrats @Prescott Williams !
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