Updated over 2 years ago on .
New Build Townhouse
Investment Info:
Townhouse buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
We purchased this townhome & lived in in it 5 years before moving to a larger home & renting it out. It is now paid off & provides positive cash flow every month.
What made you interested in investing in this type of deal?
It was new- not much to do except move in. It was the perfect size to rent out after we outgrew it.
How did you finance this deal?
Traditional Mortgage
How did you add value to the deal?
Go with
Lessons learned? Challenges?
Go with your gut when interviewing renters.