Clifton Buy and hold
Investment Info:
Townhouse buy & hold investment.
Purchase price: $94,000
Cash invested: $40,000
Bought this house on whim and now is cash producing on a 15yr fixed
What made you interested in investing in this type of deal?
Love that area and it was close to train Station
How did you find this deal and how did you negotiate it?
At settlement table, the seller mentioned it
How did you finance this deal?
Standard investment full doc
How did you add value to the deal?
Speed and seller wanted the tenant well taken care of
What was the outcome?
A WIN
Lessons learned? Challenges?
When you see an opportunity, do NOT hesitate