First property in military Town

[Lynzee Lee]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $225,000
Cash invested: $20,000

3 bed 2 bath

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

We saw the need for vacation rentals in the military town

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

We found it online and negotiated with our realtors

How did you finance this deal?

VA loan

Lessons learned? Challenges?

Owners will try to DIY repairs after receiving request of repairs after the inspection. Make sure professionals are following up the repairs.

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

Yes we worked with Stefanie Porter, with eXp