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Updated about 2 years ago on . Most recent reply

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22
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22
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Brenainn Kilchoer
  • Rental Property Investor
  • Casper, WY
22
Votes |
22
Posts

1st autonomous purchase

Brenainn Kilchoer
  • Rental Property Investor
  • Casper, WY
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $215,000
Cash invested: $19,500

single-family house, livable area is 2 bed 1 bath but unfinished basement includes space for additional 1 bed and 1 bath for full 3/2 complement

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

It was mostly ready for rent, but with extra space for improvement

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

MLS, requested multiple updates from seller and an additional small price concession for delayed occupancy.

How did you finance this deal?

Credit Union

How did you add value to the deal?

Not complete yet! Will be saving all the rental income and using that to update the basement to be made livable by the next Wyoming summer high season.

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