Updated about 2 years ago on . Most recent reply
Buy and Hold #2
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $25,000
Got almost all my money back on cashout refinance. I think it was about $6-7k left in the house. But this has been my best cashflow property. Rent is about $950 and the mortage PITIA is sitting around $460.
How did you add value to the deal?
Remodel
