COVID Deal turned into farmhouse

1 Reply

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $152,500
Cash invested: $15,000

We bought it during COVID and redid the interior. My wife is super talented at decorating and turned it into a country farmhouse interior. See before and after photos.

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

Simple floor plan with a lot of potential.

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

MLS, offered 15k below asking price.

How did you finance this deal?

VA loan with Veterans United.

How did you add value to the deal?

We redid the entire interior.

What was the outcome?

Great first time buy with knowledge gained on rehabbing and renting.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Veterans United was awesome.

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