Investment Info:

Single-family residence buy & hold investment.

Purchase price: $440,000
Cash invested: $100,000

Single family home in new development

What made you interested in investing in this type of deal?

Lack of premium sfh rentals in face of a growing population

How did you find this deal and how did you negotiate it?

Online search and negotiation with builder

How did you finance this deal?

Personal cash

How did you add value to the deal?

Brought it below market at good Ellet incentive to buy down interest rate

What was the outcome?

Under contract

Lessons learned? Challenges?

Delays in construction and builder contract skewed in favor of builder

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Builder financed.