Updated almost 3 years ago on .
22 years my property quadrupled.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $60,000
The first 10 years was rough.
What made you interested in investing in this type of deal?
I wanted my own home in a nice area.
How did you finance this deal?
Seller financing until i was able to get approved for a bank loan which took 3 years.
What was the outcome?
New the property is worth nearly 1 million.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No.