Updated over 2 years ago on . Most recent reply
Three Single-Family Buy & Hold
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $210,000
Cash invested: $60,000
Three single single family homes with section 8 tenants in Detroit market. Plan is to stabilize the rents, fix them and refinance when rates comes down.
What made you interested in investing in this type of deal?
Monthly rents and upside potential
How did you find this deal and how did you negotiate it?
Zillow
How did you finance this deal?
Local bank