Student Rental in Fayetteville

[Cameron Johnson]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $230,000
Cash invested: $16,000

Single Family in Fayetteville near the University of Arkansas. House hacking this with two roommates while I update some cosmetic items around the house. I will move out in a year or so and it will become a rental.

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

Off Market

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

Family friend is a realtor and knew the sellers.

How did you finance this deal?

Conventional 5% loan

How did you add value to the deal?

updating paint, tile, cabinets, and countertops.