Updated about 3 years ago on . Most recent reply
Buy & Hold Long Term Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $40,000
2/1 Buy and Hold in Indianapolis worth $260k today.
What made you interested in investing in this type of deal?
good market
How did you find this deal and how did you negotiate it?
lead came from networking
How did you finance this deal?
Hard money loan and private money loan
How did you add value to the deal?
renovations
What was the outcome?
refinanced with $10k cash out
Lessons learned? Challenges?
check/confirm b/b count
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
none