Purchased my first investment property!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $238,000
Cash invested: $26,000
It's a single family home in Clarksville - we are currently furnishing & painting to prepare it for Airb&b publishing.
How did you find this deal and how did you negotiate it?
I found this deal on a subto Facebook group from a wholesaler
How did you finance this deal?
I took money from my 401k
Lessons learned? Challenges?
Currently learning the lessons - broken/missing blinds, flooring that needs to be fixed, there is a hole in the bathroom door. Nothing major - just cosmetic