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Updated almost 3 years ago on .

User Stats

36
Posts
19
Votes
Paul Lucenti
  • Investor
  • Long Island
19
Votes |
36
Posts

First Real Estate Project

Paul Lucenti
  • Investor
  • Long Island
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $92,000
Cash invested: $30,000

Almost doubling the mortgage per month using section 8 housing program.

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

Guaranteed income every month, helping people in need.

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

Worked with several seller's until the right price was presented.

Lessons learned? Challenges?

Stay patient throughout the process.