Long Term Rental in Indianapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $148,000
Cash invested: $36,000
Long term rental; 5/2
What made you interested in investing in this type of deal?
location; cash out refi
How did you find this deal and how did you negotiate it?
wholesaler
How did you finance this deal?
hard money and private money
How did you add value to the deal?
renovations
What was the outcome?
refinance and $10k cash out
Lessons learned? Challenges?
analyze deals better; get a better PM