Two Property Package in Louisville
Investment Info:
Single-family residence buy & hold investment in Buechel.
Purchase price: $215,000
Cash invested: $1,600
We picked up another two houses from a wholesaler! These both had tenants and didn't need much rehab. We purchased with a loan from a private lender and will do some minor rehab before we refinance.
What made you interested in investing in this type of deal?
We're adding to the portfolio!
How did you find this deal and how did you negotiate it?
Through a wholesaler
How did you finance this deal?
Private Lender and will refinance with a local bank
How did you add value to the deal?
Minor Rehab
What was the outcome?
Occupied for now! Long term tenants
Lessons learned? Challenges?
We want more houses!
