Updated over 2 years ago on . Most recent reply
Buy and Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $215,000
Cash invested: $70,000
Bought the property to Rent , Current Value is over 400k.
100k in just equity.
What made you interested in investing in this type of deal?
The type of House and Location
How did you find this deal and how did you negotiate it?
About 2 months
How did you finance this deal?
Hard Money, then Refinance.
How did you add value to the deal?
Fixing up, Up to date
What was the outcome?
Fabulous House, its probably one of the best ones I have done.
Lessons learned? Challenges?
Pivit, time is more valuable than anything
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
None.
