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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Real Estate Deal Analysis & Advice
HomeForumsReal Estate Deal Analysis & AdviceFirst investment property
Wes Waggoner's profile image
Wes Waggoner's profile image
Wes Waggoner
Pro Member
  • Real Estate Agent
  • from Ocean Springs, MS
  • Member since Oct 24, 2019
  • Posts 31
  • Votes 10
  • Experience 3 Yrs
  • Investments 3
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31
Posts
10
Votes
Wes Waggoner's profile image
Wes Waggoner's profile image
Wes Waggoner
Pro Member
  • Real Estate Agent
  • from Ocean Springs, MS
  • Member since Oct 24, 2019
  • Posts 31
  • Votes 10
  • Experience 3 Yrs
  • Investments 3
Connect
Wes Waggoner
Pro Member
  • Real Estate Agent
  • Ocean Springs, MS
10
Votes |
31
Posts
Real Estate Deal Analysis & Advice

First investment property

Wes Waggoner
Pro Member
  • Real Estate Agent
  • Ocean Springs, MS
Posted Aug 22 2021, 08:41

Investment Info:

Single-family residence buy & hold investment in Ocean Springs.

Purchase price: $169,000
Cash invested: $13,000

Turnkey SFH. Partnered with my brother Patrick. This was our first RE investment and it worked out well for cash flow, but most importantly building our confidence in getting started!

How did you finance this deal?

Conventional 30-year thru local bank

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