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Real Estate Deal Analysis & Advice

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Jonathan Leung
  • Investor
  • New York NY, USA
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Second investment property to add to guaranteed income

Jonathan Leung
  • Investor
  • New York NY, USA
Posted Mar 22 2023, 07:35

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $35,000
Cash invested: $7,200

Bought an investment property and housed it with a section 8 tenant and forced appreciation

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

The first property is always the hardest. After that, it's just rinse and repeat

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

Daily persistence is key. Got to remind myself that every day I'm not looking, is a day of missed opportunities

How did you finance this deal?

Conventional loan + cash

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

Aaron Peterson is the only real estate agent you need