Off-Market Single Family Home

[Logan M.]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $263,000
Cash invested: $270,000

This was an off-market SFH that we found by paying someone to call homeowners with a lot of equity. At the time I had 4 flips going and lowballed because I didn't have the capacity. Six months later he came back and took the original offer. THe home is probably worth $350,000 so I felt pretty good about it.

How did you finance this deal?

I bought it with a HELOC