Value is not the Goal for this House
Investment Info:
Single-family residence other investment.
Cash invested: $10,000
Family Home no cash flow, I am 50% owner of the house and I maintain the house, ( taxes, insurance, repairs and utilities) for my impaired brother that lives in the house until, he passes on.
What made you interested in investing in this type of deal?
This was an agreement with Family,
How did you find this deal and how did you negotiate it?
Family asset
How did you finance this deal?
No need
How did you add value to the deal?
There was no value assigned.
What was the outcome?
Still own the house
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
No