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Updated about 3 years ago on . Most recent reply

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2
Posts
4
Votes
Sarah Roy
  • Real Estate Agent
  • Spokane, WA
4
Votes |
2
Posts

First Investment Property!

Sarah Roy
  • Real Estate Agent
  • Spokane, WA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $255,000
Cash invested: $60,000

My husband and I just closed on a single family home in North Spokane!

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

My husband and I have been lookin for a rental house for a few months! We want to have a variety of long term and short term rentals.

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

We found this deal on the open market and offered a 22AD to beat out other offers.

How did you finance this deal?

Conventional loan with 20% down.

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

I am a Realtor myself so I was able to negotiate the deal for us! I love working with investors and would be happy to assist any other investors in purchasing their rentals!

Most Popular Reply

Account Closed
  • Lender
  • CA
23
Votes |
48
Posts
Account Closed
  • Lender
  • CA
Replied

Congratulations! 

I have always been so envious of people that are realtors and investors. It's a genius move, honestly. 

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