Student Rental in Fayetteville
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.