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Updated over 3 years ago on . Most recent reply

User Stats

50
Posts
25
Votes
Vic Valera
  • Contractor
  • Jackson, MS
25
Votes |
50
Posts

344 cummins st South Jackson, MS

Vic Valera
  • Contractor
  • Jackson, MS
Posted

Investment Info:

Single-family residence buy & hold investment in Jackson.

Purchase price: $33,750
Cash invested: $6,500

3 bed 2 bath single family home. Located in South Jackson, MS

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

Own other property in the area

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

Off market. BP member. Paid asking price

How did you finance this deal?

20% conventional loan

How did you add value to the deal?

Property was already rented

What was the outcome?

Renter $900 monthly. Cash flow $386

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

Represented my self as investor agent

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