Updated about 3 years ago on .
Single-Family Buy & Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $25,000
The Property is a single family and is currently rented to a Section 8 tenant. Its a nice cash flowing property.
What made you interested in investing in this type of deal?
Section 8 tenant
How did you find this deal and how did you negotiate it?
Zillow and negotiated by asking to pay for closing costs and fix all the repairs
How did you finance this deal?
20% own money and 80 % 30 year fixed.
How did you add value to the deal?
By painting and doing some minor ads inside the unit.
What was the outcome?
not sold yet