Updated almost 3 years ago on . Most recent reply
Build to rent
Investment Info:
Single-family residence other investment.
Purchase price: $138,000
Build to rent
What made you interested in investing in this type of deal?
Build to rent let me create cash flow. With no money down and create $60,000 of equity from day one.
How did you finance this deal?
Started with a construction to perm loan with a bank. The I refinanced to a DSRC loan.
How did you add value to the deal?
By building the home
Lessons learned? Challenges?
The faster I can take out the construction loan from the bank the faster I can build cash flow
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No